Twin Disc Approves a Quarterly Cash Dividend

Rhea-AI Summary

Twin Disc (NASDAQ: TWIN) has announced that its Board of Directors has approved a quarterly cash dividend of $0.04 per share. The dividend will be payable on June 2, 2025, to shareholders of record at the close of business on May 19, 2025.

Twin Disc is a manufacturer of marine and heavy-duty off-highway power transmission equipment, including marine transmissions, azimuth drives, surface drives, propellers, and boat management systems. The company serves various markets including pleasure craft, commercial and military marine, energy and natural resources, government, and industrial sectors through its direct sales force and distributor network.

Positive

• Regular dividend payment indicates financial stability
• Consistent shareholder returns through dividend program

Negative

• None.

MILWAUKEE, May 09, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that the Board of Directors (the "Board") approved a regular quarterly cash dividend of $0.04 per share payable on June 2, 2025, to shareholders of record at the close of business on May 19, 2025.

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

FAQ

What is the dividend amount for Twin Disc (TWIN) announced in May 2025?

Twin Disc announced a quarterly cash dividend of $0.04 per share.

When is the Twin Disc (TWIN) dividend payable and what is the record date?

The dividend is payable on June 2, 2025, to shareholders of record as of May 19, 2025.

What products does Twin Disc (TWIN) manufacture?

Twin Disc manufactures marine and heavy-duty off-highway power transmission equipment, including marine transmissions, azimuth drives, surface drives, propellers, boat management systems, power-shift transmissions, hydraulic torque converters, power take-offs, and industrial clutches.

What markets does Twin Disc (TWIN) serve?

Twin Disc serves the pleasure craft, commercial and military marine markets, as well as energy and natural resources, government, and industrial markets.