Twin Disc, Incorporated (TWIN) To Go Ex-Dividend on February 14th

Twin Disc, Incorporated (NASDAQ:TWIN) announced 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 1.44%. The ex-dividend date of this dividend is Friday, February 14th.

Twin Disc Stock Down 0.3 %

TWIN opened at $11.08 on Wednesday. The stock has a fifty day moving average of $11.56 and a 200-day moving average of $12.06. The company has a market capitalization of $156.71 million, a P/E ratio of 16.53 and a beta of 0.62. Twin Disc has a fifty-two week low of $10.22 and a fifty-two week high of $18.00. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.84 and a current ratio of 2.11.

Twin Disc (NASDAQ:TWIN) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $0.07 earnings per share for the quarter. Twin Disc had a return on equity of 4.24% and a net margin of 2.92%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Twin Disc from a “buy” rating to a “strong-buy” rating in a report on Friday, February 7th.

Twin Disc Company Profile

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.