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Weichai Power Co., Ltd. (OTCMKTS:WEICY) Announces $0.09 Dividend

kopsource ·  09/16 21:01

Weichai Power Co., Ltd. (OTCMKTS:WEICY – Get Rating) announced a dividend on Friday, September 16th, investing .com reports. Investors of record on Friday, September 23rd will be paid a dividend of 0.0858 per share on Friday, November 4th. This represents a yield of 2.57%. The ex-dividend date is Thursday, September 22nd.

Weichai Power Price Performance

Shares of OTCMKTS WEICY opened at $9.90 on Friday. The company's fifty day moving average price is $11.11 and its 200 day moving average price is $11.64. Weichai Power has a 1 year low of $9.79 and a 1 year high of $18.37. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.39 and a quick ratio of 1.12.

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Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. raised shares of Weichai Power from an "underweight" rating to an "overweight" rating in a report on Tuesday, May 31st.

Weichai Power Company Profile

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Weichai Power Co, Ltd. manufactures and sells diesel engines, automobiles, and other automobile components in China and internationally. It operates through Engines, Automobiles and Automobile Components, and Intelligent Logistics segments. The company provides design, development, production, sale, repair, and import and export of engines and auxiliary products, automobile axles and components, and gearboxes and components; hydraulic pumps and motors; hydraulic valves; gears and gear transmission devices; ancillary casting and casting products of hydraulic components; internal combustion engines, energy powertrain systems and ancillary products; technical consultation and technical services; leasing of self-owned houses; steel; business management services; forklift trucks; and warehousing technology and supply chain solution services.

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