China Yuchai to Pay Special Dividend

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Chinese industrial engine maker China Yuchaiannounced today its annual dividend for fiscal year 2012 of $0.40 per share, down 20% from the $0.50 per share annual dividend it paid in fiscal 2011.

Additionally, as the engine maker has done for the last two fiscal years, the board of directors also announced the payment of a special dividend of $0.40 per share, the same rate it paid for 2011. The board said both dividends are payable on July 10 to the holders of record at the close of business on June 28.

The regular dividend payment of $0.40 yields 2.2% based on the closing price of China Yuchai's stock on June 14.


CYD Dividend Chart

CYD Dividend data by YCharts. Chart does not reflect the new dividend payout announcement.

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The article China Yuchai to Pay Special Dividend originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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