Twin Disc, Incorporated (NASDAQ:TWIN - Get Free Report) declared a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Investors of record on Monday, November 18th will be given a dividend of 0.04 per share by the industrial products company on Monday, December 2nd. This represents a $0.16 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Monday, November 18th.
Twin Disc Trading Up 2.8 %
TWIN stock traded up $0.34 during trading on Thursday, hitting $12.59. The company had a trading volume of 21,292 shares, compared to its average volume of 39,010. The firm has a 50-day moving average price of $12.15 and a 200-day moving average price of $13.09. The company has a quick ratio of 0.90, a current ratio of 2.21 and a debt-to-equity ratio of 0.25. Twin Disc has a 12 month low of $10.90 and a 12 month high of $18.00. The stock has a market cap of $177.52 million, a price-to-earnings ratio of 15.71 and a beta of 0.61.
Twin Disc (NASDAQ:TWIN - Get Free Report) last released its earnings results on Thursday, August 15th. The industrial products company reported $0.32 EPS for the quarter. Twin Disc had a net margin of 3.72% and a return on equity of 5.47%. The firm had revenue of $84.42 million during the quarter.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Twin Disc from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 7th.
Check Out Our Latest Report on TWIN
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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