Twin Disc, Incorporated (NASDAQ:TWIN - Get Free Report) declared a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Stockholders of record on Monday, February 17th will be given a dividend of 0.04 per share by the industrial products company on Monday, March 3rd. This represents a $0.16 annualized dividend and a dividend yield of 1.44%. The ex-dividend date of this dividend is Friday, February 14th.
Twin Disc Stock Performance
Twin Disc stock traded down $0.04 during mid-day trading on Monday, reaching $11.12. 10,566 shares of the company's stock were exchanged, compared to its average volume of 16,656. The business's fifty day simple moving average is $11.58 and its 200 day simple moving average is $12.08. The company has a quick ratio of 0.84, a current ratio of 2.11 and a debt-to-equity ratio of 0.15. Twin Disc has a one year low of $10.22 and a one year high of $18.00. The firm has a market capitalization of $157.30 million, a PE ratio of 16.60 and a beta of 0.62.
Twin Disc (NASDAQ:TWIN - Get Free Report) last released its earnings results on Wednesday, February 5th. The industrial products company reported $0.07 EPS for the quarter. Twin Disc had a return on equity of 4.24% and a net margin of 2.92%.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of Twin Disc from a "buy" rating to a "strong-buy" rating in a research note on Friday.
Check Out Our Latest Report on Twin Disc
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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