Weichai Power Co., Ltd. (OTCMKTS:WEICY) declared a dividend on Thursday, September 16th, investing.com reports. Investors of record on Wednesday, September 22nd will be given a dividend of 0.516 per share on Monday, November 8th. This represents a dividend yield of 2.82%. The ex-dividend date of this dividend is Tuesday, September 21st. This is a positive change from Weichai Power’s previous dividend of $0.46.
WEICY stock opened at $17.90 on Friday. Weichai Power has a 12 month low of $14.71 and a 12 month high of $27.36. The firm has a 50-day moving average of $18.99 and a two-hundred day moving average of $19.09.
Separately, Zacks Investment Research downgraded shares of Weichai Power from a “hold” rating to a “strong sell” rating in a report on Thursday, June 17th.
Weichai Power Co Ltd. engages in the research and development, manufacture, and sale of diesel engines. It operates through the following business segments: Diesel Engines; Automobiles and Other Major Automobile Components; Other Components; Import & Export Services; and Forklift Trucks and Supply Chain Solution.
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