Twin Disc, Incorporated (TWIN) To Go Ex-Dividend on February 18th

Twin Disc, Incorporated (NASDAQ:TWIN) announced a quarterly dividend on Thursday, January 29th. Stockholders of record on Wednesday, February 18th will be given a dividend of 0.04 per share by the industrial products company on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Wednesday, February 18th.

Twin Disc has a dividend payout ratio of 14.3% indicating that its dividend is sufficiently covered by earnings.

Twin Disc Stock Performance

Shares of TWIN stock opened at $18.00 on Monday. Twin Disc has a 12 month low of $6.16 and a 12 month high of $19.63. The company’s fifty day simple moving average is $17.03 and its 200-day simple moving average is $14.77. The firm has a market cap of $259.56 million, a PE ratio of 12.00 and a beta of 0.68. The company has a quick ratio of 0.75, a current ratio of 2.12 and a debt-to-equity ratio of 0.22.

Twin Disc (NASDAQ:TWIN) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.17). Twin Disc had a net margin of 6.26% and a return on equity of 0.02%. The business had revenue of $90.18 million during the quarter, compared to analyst estimates of $92.80 million.

Twin Disc Company Profile

Twin Disc, Inc (NASDAQ: TWIN) is a global designer and manufacturer of power transmission equipment for marine and industrial applications. Headquartered in Racine, Wisconsin, the company develops a range of mechanical and digital solutions that control power delivery in demanding environments. Its portfolio includes marine gears, power take-offs, clutches, brakes, transmissions and controllable pitch propeller systems engineered to withstand heavy loads and corrosive conditions.

In addition to original equipment manufacturing, Twin Disc offers aftermarket parts and services, including maintenance, repair and overhaul support through a network of service centers worldwide.