Chinese industrial engine maker China Yuchai (NYSE:CYD) announced 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.
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