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

Twin Disc, Incorporated (NASDAQ:TWINGet Free Report) declared a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Stockholders of record on Monday, February 17th will be paid a dividend of 0.04 per share by the industrial products company on Monday, March 3rd. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Friday, February 14th.

Twin Disc Price Performance

TWIN traded down $0.23 during trading on Friday, reaching $11.16. The stock had a trading volume of 25,337 shares, compared to its average volume of 16,901. The company has a quick ratio of 0.84, a current ratio of 2.23 and a debt-to-equity ratio of 0.27. The stock has a 50 day moving average of $11.61 and a two-hundred day moving average of $12.12. Twin Disc has a 1-year low of $10.22 and a 1-year high of $18.00. The firm has a market capitalization of $157.36 million, a price-to-earnings ratio of 16.66 and a beta of 0.62.

Twin Disc (NASDAQ:TWINGet Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter. Twin Disc had a return on equity of 4.26% and a net margin of 3.09%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Twin Disc from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 30th.

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About Twin Disc

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Twin Disc, Incorporated engages in the design, manufacture, and sale of 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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