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Twin Disc Approves a Quarterly Cash Dividend

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Twin Disc (NASDAQ: TWIN) has announced a quarterly cash dividend of $0.04 per share, approved by its Board of Directors. The dividend will be payable on September 2, 2024, to shareholders of record at the close of business on August 19, 2024. Twin Disc specializes in designing, manufacturing, and selling marine and heavy-duty off-highway power transmission equipment. Their product range includes marine transmissions, azimuth drives, surface drives, propellers, boat management systems, power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems. The company serves various markets, including pleasure craft, commercial and military marine, energy and natural resources, government, and industrial sectors, through a direct sales force and distributor network.

Twin Disc (NASDAQ: TWIN) ha annunciato un dividendo in contante trimestrale di $0,04 per azione, approvato dal suo Consiglio di Amministrazione. Il dividendo sarà pagabile il 2 settembre 2024 agli azionisti registrati al termine della giornata lavorativa del 19 agosto 2024. Twin Disc è specializzata nella progettazione, produzione e vendita di equipaggiamenti di trasmissione di potenza marittima e pesante per uso fuoristrada. La loro gamma di prodotti include trasmissioni marittime, azimutali, drive di superficie, eliche, sistemi di gestione delle imbarcazioni, trasmissioni a cambiamento di potenza, convertitori di coppia idraulici, prese di forza, frizioni industriali e sistemi di controllo. L'azienda serve vari mercati, tra cui imbarcazioni da diporto, marittime commerciali e militari, energia e risorse naturali, governo e settori industriali, attraverso una rete di vendita diretta e distributori.

Twin Disc (NASDAQ: TWIN) ha anunciado un dividendo en efectivo trimestral de $0.04 por acción, aprobado por su Junta Directiva. El dividendo será pagadero el 2 de septiembre de 2024 a los accionistas registrados al cierre de operaciones del 19 de agosto de 2024. Twin Disc se especializa en el diseño, fabricación y venta de equipos de transmisión de energía marítima y pesada para uso fuera de carretera. Su gama de productos incluye transmisiones marinas, drives azimutales, drives de superficie, hélices, sistemas de gestión de embarcaciones, transmisiones de cambio de potencia, convertidores de par hidráulicos, tomas de fuerza, embragues industriales y sistemas de control. La empresa atiende a varios mercados, incluidos embarcaciones de recreo, marinas comerciales y militares, energía y recursos naturales, gobierno y sectores industriales, a través de una fuerza de ventas directa y una red de distribuidores.

Twin Disc (NASDAQ: TWIN)는 이사회에서 승인한 분기 현금 배당금으로 주당 $0.04를 발표했습니다. 이 배당금은 2024년 9월 2일에 지급되며, 2024년 8월 19일 업무 종료 시점에서의 주주에게 지급됩니다. Twin Disc는 해양 및 중장비 오프로드 동력 전달 장치의 설계, 제조 및 판매를 전문으로 합니다. 이들의 제품 범위에는 해양 변속기, 방위 주행 장치, 수면 주행 장치, 프로펠러, 보트 관리 시스템, 파워 시프트 변속기, 유압 토크 컨버터, 동력 오프 테이크( PTO), 산업용 클러치 및 제어 시스템이 포함됩니다. 회사는 직판력과 유통업체 네트워크를 통해 레저선, 상업 및 군용 해양, 에너지 및 천연 자원, 정부 및 산업 부문을 포함한 다양한 시장에 서비스를 제공합니다.

Twin Disc (NASDAQ: TWIN) a annoncé un dividende trimestriel en espèces de 0,04 $ par action, approuvé par son Conseil d'administration. Le dividende sera payable le 2 septembre 2024 aux actionnaires inscrits à la clôture des affaires du 19 août 2024. Twin Disc se spécialise dans la conception, la fabrication et la vente de matériel de transmission de puissance marine et lourd hors route. Leur gamme de produits comprend des transmissions maritimes, des entraînements azimutaux, des entraînements de surface, des hélices, des systèmes de gestion de bateaux, des transmissions à déplacement de puissance, des convertisseurs de couple hydrauliques, des prises de force, des embrayages industriels et des systèmes de contrôle. L'entreprise dessert divers marchés, y compris les navires de plaisance, la marine commerciale et militaire, l'énergie et les ressources naturelles, le gouvernement et les secteurs industriels, grâce à une force de vente directe et un réseau de distributeurs.

Twin Disc (NASDAQ: TWIN) hat eine vierteljährliche Bar-Dividende von $0,04 pro Aktie angekündigt, die von seinem Vorstand genehmigt wurde. Die Dividende wird am 2. September 2024 an die Aktionäre ausgezahlt, die am Ende des Geschäftstags am 19. August 2024 im Aktienregister stehen. Twin Disc ist auf das Design, die Herstellung und den Verkauf von marine und Schwerlast-Offroad-Übertragungsgeräten spezialisiert. Ihr Produktportfolio umfasst Marine-Getriebe, Azimut-Antriebe, Oberflächenantriebe, Propeller, Bootsmanagementsysteme, Powershift-Getriebe, hydraulische Drehmomentwandler, Abtriebswellen, industrielle Kupplungen und Steuerungssysteme. Das Unternehmen bedient verschiedene Märkte, darunter Freizeitboote, kommerzielle und militärische Marine, Energie und natürliche Ressourcen, Regierung und industrielle Sektoren, durch ein direktes Vertriebsteam und ein Netzwerk von Distributoren.

Positive
  • Consistent dividend payment, indicating financial stability
  • Diverse product portfolio catering to multiple industries
  • Global sales network through direct sales and distributors
Negative
  • Relatively low dividend amount of $0.04 per share

MILWAUKEE, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that the Board of Directors (the "Board") approved a regular quarterly cash dividend of $0.04 per share payable on September 2, 2024, to shareholders of record at the close of business on August 19, 2024.

About Twin Disc
Twin Disc, Inc. designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment. Products offered 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 control systems. The Company sells its products to customers primarily in the pleasure craft, commercial and military marine markets, as well as in the energy and natural resources, government and industrial markets. The Company’s worldwide sales to both domestic and foreign customers are transacted through a direct sales force and a distributor network. For more information, please visit www.twindisc.com.

Investors:
Riveron
TwinDiscIR@riveron.com

Source: Twin Disc, Incorporated


FAQ

What is the dividend amount for Twin Disc (TWIN) in Q3 2024?

Twin Disc (TWIN) has declared a quarterly cash dividend of $0.04 per share for Q3 2024.

When is the ex-dividend date for Twin Disc's Q3 2024 dividend?

The ex-dividend date is not specified in the press release. Typically, it's one business day before the record date, which is August 19, 2024.

What is the payment date for Twin Disc's Q3 2024 dividend?

The payment date for Twin Disc's Q3 2024 dividend is September 2, 2024.

What markets does Twin Disc (TWIN) serve with its products?

Twin Disc serves pleasure craft, commercial and military marine markets, as well as energy and natural resources, government, and industrial markets.

Twin Disc, Incorporated

NASDAQ:TWIN

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163.89M
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66.3%
1.06%
Specialty Industrial Machinery
General Industrial Machinery & Equipment
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United States of America
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