Twin Disc (TWIN) Declares $0.09 Quarterly Dividend; 2.3% Yield

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Twin Disc, Inc. Declares Regular Quarterly Cash Dividend

August 4, 2015 8:05 AM EDT

RACINE, Wis.--(BUSINESS WIRE)-- Twin Disc, Inc. (NASDAQ: TWIN), announced today that the Board of Directors declared a regular quarterly cash dividend of $0.09 per share payable on September 1, 2015, to shareholders of record on August 14, 2015.

Twin Disc, Inc. designs, manufactures and sells marine and... More

Twin Disc, Inc. Announces Fiscal 2015 Fourth Quarter Financial Results

August 4, 2015 8:01 AM EDT

Net Earnings for Fiscal 2015 Increased 207% to $11,173,000 on Relatively Flat Sales

Management Cautious for Fiscal 2016 as Slowdown in Pressure Pumping Sector Continues

$3,282,000 Restructuring Charge in the Fourth Quarter at Domestic Operations

Balance Sheet Remains Strong with $9,134,000 in Net Cash at June 30, 2015

RACINE, Wis.--(BUSINESS WIRE)-- Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2015 fourth quarter ended June 30, 2015.

Sales for the fiscal 2015 fourth quarter were $67,334,000, compared to $73,566,000 for the same period last year. For fiscal 2015, sales were $265,790,000,... More