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

Twin Disc, Incorporated (NASDAQ:TWIN) 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 1.38%. The ex-dividend date is Monday, November 18th.

Twin Disc Trading Down 3.6 %

Shares of TWIN stock opened at $11.60 on Friday. The stock has a market capitalization of $163.56 million, a price-to-earnings ratio of 17.31 and a beta of 0.61. The company’s fifty day simple moving average is $12.11 and its two-hundred day simple moving average is $12.91. Twin Disc has a 1 year low of $10.90 and a 1 year high of $18.00. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.23 and a quick ratio of 0.84.

Twin Disc (NASDAQ:TWIN) last released its quarterly earnings data on Thursday, August 15th. The industrial products company reported $0.32 earnings per share (EPS) for the quarter. Twin Disc had a return on equity of 4.26% and a net margin of 3.09%. The company had revenue of $84.42 million for the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Twin Disc from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 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.