Twin Disc (TWIN) Declares $0.09 Quarterly Dividend; 2.6% Yield
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October 27, 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 December 1, 2015, to shareholders of record on November 13,
2015.
Twin Disc, Inc. designs, manufactures and sells marine and... More
October 27, 2015 8:01 AM EDT
First Quarter Results Impacted by Challenging Global Oil and Gas
Markets
Company Continues Cost Saving and Capital Allocation Initiatives
Balance Sheet Remains Strong with $8,769,000 in Net Cash at September
25, 2015
RACINE, Wis.--(BUSINESS WIRE)--
Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results
for the fiscal 2016 first quarter ended September 25, 2015.
Sales for the first three months of fiscal 2016 were $37,373,000,
compared to $64,824,000 for the same period last year. The significant
decline in fiscal 2016 sales is the result of reduced demand... More
