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