Twin Disc Approves a Quarterly Cash Dividend
Twin Disc (NASDAQ: TWIN) has announced that its Board of Directors has approved a regular quarterly cash dividend of $0.04 per share. The dividend will be payable on March 3, 2025, to shareholders of record at the close of business on February 17, 2025.
The company specializes in designing, manufacturing, and selling marine and heavy-duty off-highway power transmission equipment. Their product portfolio 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. Twin Disc 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 che il suo Consiglio di Amministrazione ha approvato un dividendo in contante trimestrale di $0,04 per azione. Il dividendo sarà pagabile il 3 marzo 2025, agli azionisti registrati alla chiusura degli affari del 17 febbraio 2025.
L'azienda è specializzata nella progettazione, produzione e vendita di attrezzature per la trasmissione di potenza marittima e pesante per uso off-highway. Il loro portafoglio prodotti include trasmissioni marittime, azimuth drives, surface drives, eliche, sistemi di gestione della barca, trasmissioni a cambio elettrico, convertitori di coppia idraulici, organi di presa di forza, frizioni industriali e sistemi di controllo. Twin Disc serve diversi mercati tra cui imbarcazioni da diporto, marine commerciali e militari, energia e risorse naturali, settore pubblico e industriale attraverso una rete di vendita diretta e distributori.
Twin Disc (NASDAQ: TWIN) ha anunciado que su Junta Directiva ha aprobado un dividendo en efectivo trimestral de $0.04 por acción. El dividendo se pagará el 3 de marzo de 2025 a los accionistas que estén registrados al cierre del negocio el 17 de febrero de 2025.
La empresa se especializa en el diseño, fabricación y venta de equipos de transmisión de potencia marina y de alta resistencia para uso fuera de carretera. Su cartera de productos incluye transmisiones marinas, azimuth drives, surface drives, hélices, sistemas de gestión de embarcaciones, transmisiones de cambios automáticos, convertidores de torque hidráulicos, tomas de fuerza, embragues industriales y sistemas de control. Twin Disc atiende a varios mercados, incluidos embarcaciones de recreo, marina comercial y militar, 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 이사회의 결의로 주당 $0.04의 분기 현금 배당금을 승인했다고 발표했습니다. 이 배당금은 2025년 3월 3일에 지급되며, 2025년 2월 17일 영업 마감 시점에 등록된 주주에게 지급됩니다.
이 회사는 해양 및 중장비 오프하이웨이 전력 전송 장비를 설계, 제조 및 판매하는 전문 기업입니다. 그들의 제품 포트폴리오에는 해양 변속기, 아지무스 드라이브, 서페이스 드라이브, 프로펠러, 보트 관리 시스템, 파워 쉬프트 변속기, 유압 토크 컨버터, 동력 인출 장치, 산업 클러치 및 제어 시스템이 포함됩니다. Twin Disc는 레저용 선박, 상업 및 군용 해양, 에너지 및 천연 자원, 정부 및 산업 부문과 같은 다양한 시장에 직접 판매 팀과 유통 네트워크를 통해 서비스를 제공합니다.
Twin Disc (NASDAQ: TWIN) a annoncé que son Conseil d'Administration a approuvé un dividende en espèces trimestriel de 0,04 $ par action. Le dividende sera payable le 3 mars 2025, aux actionnaires inscrits à la clôture des affaires le 17 février 2025.
La société se spécialise dans la conception, la fabrication et la vente d'équipements de transmission de puissance marins et lourds pour des applications hors route. Leur portefeuille de produits comprend des transmissions marines, des entraînements azimutaux, des entraînements de surface, des hélices, des systèmes de gestion de bateaux, des transmissions à changement de puissance, des convertisseurs de couple hydrauliques, des prises de force, des embrayages industriels et des systèmes de contrôle. Twin Disc dessert divers marchés, notamment les bateaux de plaisance, la marine commerciale et militaire, l'énergie et les ressources naturelles, le gouvernement et les secteurs industriels par le biais d'une force de vente directe et d'un réseau de distributeurs.
Twin Disc (NASDAQ: TWIN) hat bekannt gegeben, dass der Vorstand eine vierteljährliche Barausschüttung von $0,04 pro Aktie genehmigt hat. Die Dividende wird am 3. März 2025 an die Aktionäre ausgezahlt, die am 17. Februar 2025 zum Geschäftsschluss im Aktienregister stehen.
Das Unternehmen ist auf die Entwicklung, Herstellung und den Verkauf von maritimen und schweren Off-Highway-Getrieben spezialisiert. Ihr Produktportfolio umfasst maritimen Getriebe, Azimut-Antriebe, Oberflächenantriebe, Propeller, Bootsmanagementsysteme, hydrostatische Getriebe, hydraulische Drehmomentwandler, Abtriebswellen, industrielle Kupplungen und Steuerungssysteme. Twin Disc bedient verschiedene Märkte, einschließlich Freizeitboote, kommerzielle und militärische Marine, Energie- und Rohstoffsektor, Regierung und Industrie über ein direktes Vertriebsteam und ein Händlernetzwerk.
- Consistent dividend payment indicates financial stability
- Maintains quarterly dividend program showing commitment to shareholder returns
- Diversified product portfolio across multiple market segments
- Low dividend amount of $0.04 per share may indicate cash distribution capacity
MILWAUKEE, Wis., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that the Board of Directors (the "Board") approved a regular quarterly cash dividend of
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
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