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SINGAPORE - China Yuchai International Limited (NYSE:CYD) announced Thursday a cash dividend of $0.53 per ordinary share for the fiscal year ended December 31, 2024.
The dividend will be paid on July 7, 2025, to shareholders of record as of the close of business on June 25, 2025, according to a press release statement from the company.
China Yuchai, through its subsidiary Guangxi Yuchai Machinery Company Limited, operates as a powertrain solution provider in China. The company specializes in designing, manufacturing, and selling engines for various applications including trucks, buses, construction equipment, and marine applications.
In 2024, the company reported sales of 356,586 engines across its product portfolio, which includes diesel and natural gas engines as well as new energy products such as electric, hybrid engines, and fuel cell systems.
The Singapore-headquartered company maintains its primary manufacturing facilities in Yulin City, Guangxi Zhuang Autonomous Region, China, while distributing its engines to original equipment manufacturers and distributors through regional sales offices and service centers. InvestingPro analysis indicates the stock is currently undervalued, with 11 additional exclusive insights available to subscribers.
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