Twin Disc Approves a Quarterly Cash Dividend
Rhea-AI Summary
Twin Disc (NASDAQ: TWIN) announced a regular quarterly cash dividend of $0.04 per share, payable on March 2, 2026 to shareholders of record at the close of business on February 18, 2026.
Twin Disc designs, manufactures and sells marine and heavy-duty off-highway power transmission equipment for pleasure craft, commercial and military marine, energy, government and industrial markets.
Positive
- Quarterly cash dividend of $0.04 per share declared
- Payment date set for March 2, 2026 with record date February 18, 2026
Negative
- None.
News Market Reaction
On the day this news was published, TWIN declined 0.82%, reflecting a mild negative market reaction. Argus tracked a trough of -19.9% from its starting point during tracking. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $245M at that time.
Data tracked by StockTitan Argus on the day of publication.
MILWAUKEE, Jan. 29, 2026 (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