Twin Disc (TWIN) Declares $0.09 Quarterly Dividend; 2.6% Yield

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Twin Disc, Inc. Declares Regular Quarterly Cash Dividend

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

Twin Disc, Inc. Announces Fiscal 2016 First Quarter Financial Results

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