Twin Disc, Incorporated Plans Quarterly Dividend of $0.04 (NASDAQ:TWIN)

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Twin Disc, Incorporated (NASDAQ:TWIN - Get Free Report) announced a quarterly dividend on Tuesday, April 30th, Zacks reports. Shareholders of record on Monday, May 20th will be paid a dividend of 0.04 per share by the industrial products company on Monday, June 3rd. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Friday, May 17th.

Twin Disc Price Performance

Shares of NASDAQ TWIN traded up $0.14 during mid-day trading on Thursday, hitting $15.34. 30,934 shares of the stock traded hands, compared to its average volume of 26,076. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.22 and a quick ratio of 0.87. Twin Disc has a twelve month low of $10.80 and a twelve month high of $18.00. The company has a market cap of $214.76 million, a PE ratio of 17.63 and a beta of 0.78. The firm has a 50 day simple moving average of $16.32 and a two-hundred day simple moving average of $15.31.

Twin Disc (NASDAQ:TWIN - Get Free Report) last released its quarterly earnings data on Wednesday, February 7th. The industrial products company reported $0.07 earnings per share for the quarter. Twin Disc had a return on equity of 8.46% and a net margin of 4.13%. The company had revenue of $72.99 million for the quarter.


Analyst Ratings Changes

Separately, TheStreet raised Twin Disc from a "c+" rating to a "b-" rating in a research report on Monday, March 11th.

Read Our Latest Research Report on Twin Disc

About Twin Disc

(Get Free Report)

Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment in the United States, the Netherlands, China, Australia, Italy, and internationally. The company operates in two segments, Manufacturing and Distribution. Its principal products include marine transmissions, azimuth drives, surface drives, propellers, and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and controls systems.

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Dividend History for Twin Disc (NASDAQ:TWIN)

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