Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment worldwide. It operates through two segments, Manufacturing and Distribution. The company's products 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 controls systems. It also provides non-twin disc manufactured products. The company sells its products through a direct sales force and distributor network 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. Twin Disc, Incorporated was founded in 1918 and is headquartered in Racine, Wisconsin.
Twin Disc Dividend Announcement
• Twin Disc announced a quarterly dividend of $0.04 per ordinary share which will be made payable on 2024-09-02. Ex dividend date: 2024-08-19
• Twin Disc annual dividend for 2024 was $0.12
• Twin Disc annual dividend for 2023 was $0.04
• Twin Disc 's trailing twelve-month (TTM) dividend yield is 1.37%
• Twin Disc 's payout ratio for the trailing twelve months (TTM) is 15.43%
Twin Disc Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-19 | $0.04 | quarterly | 2024-09-02 |
2024-05-17 | $0.04 | quarterly | 2024-06-03 |
2024-02-15 | $0.04 | quarterly | 2024-03-01 |
2023-11-16 | $0.04 | quarterly | 2023-12-01 |
2015-11-10 | $0.09 | quarterly | 2015-12-01 |
2015-08-12 | $0.09 | quarterly | 2015-09-01 |
2015-05-06 | $0.09 | quarterly | 2015-06-01 |
2015-02-11 | $0.09 | quarterly | 2015-03-02 |
2014-11-12 | $0.09 | quarterly | 2014-12-01 |
2014-08-13 | $0.09 | quarterly | 2014-09-02 |
2014-05-07 | $0.09 | quarterly | 2014-06-02 |
2014-02-12 | $0.09 | quarterly | 2014-03-03 |
2013-11-06 | $0.09 | quarterly | 2013-12-02 |
2013-08-07 | $0.09 | quarterly | 2013-09-03 |
2013-05-08 | $0.09 | quarterly | 2013-06-03 |
2013-02-06 | $0.09 | quarterly | 2013-03-01 |
2012-11-07 | $0.09 | quarterly | 2012-12-03 |
2012-08-08 | $0.09 | quarterly | 2012-09-04 |
2012-05-09 | $0.09 | quarterly | 2012-06-01 |
2012-02-08 | $0.09 | quarterly | 2012-03-01 |
2011-11-08 | $0.08 | quarterly | 2011-12-01 |
2011-08-10 | $0.08 | quarterly | 2011-09-01 |
2011-05-11 | $0.08 | quarterly | 2011-06-01 |
2011-02-09 | $0.08 | quarterly | 2011-03-01 |
2010-11-09 | $0.07 | quarterly | 2010-12-01 |
2010-08-11 | $0.07 | quarterly | 2010-09-01 |
2010-05-12 | $0.14 | quarterly | 2010-06-01 |
2010-02-10 | $0.07 | quarterly | 2010-03-01 |
2009-11-10 | $0.07 | quarterly | 2009-12-01 |
2009-08-12 | $0.07 | quarterly | 2009-09-01 |
2009-05-06 | $0.07 | quarterly | 2009-06-01 |
2009-02-11 | $0.07 | quarterly | 2009-03-02 |
2008-11-12 | $0.07 | quarterly | 2008-12-01 |
2008-08-06 | $0.07 | quarterly | 2008-09-02 |
2008-05-07 | $0.07 | quarterly | 2008-06-02 |
2008-02-06 | $0.07 | quarterly | 2008-03-03 |
2007-11-07 | $0.14 | quarterly | 2007-12-03 |
2007-08-08 | $0.11 | quarterly | 2007-09-04 |
2007-05-09 | $0.11 | quarterly | 2007-06-01 |
2007-02-07 | $0.11 | quarterly | 2007-03-01 |
2006-11-08 | $0.10 | quarterly | 2006-12-01 |
2006-08-09 | $0.10 | quarterly | 2006-09-01 |
2006-05-10 | $0.10 | quarterly | 2006-06-01 |
2006-02-08 | $0.19 | quarterly | 2006-03-01 |
Twin Disc Dividend per year
Twin Disc Dividend growth
Twin Disc Dividend Yield
Twin Disc current trailing twelve-month (TTM) dividend yield is 1.37%. Interested in purchasing Twin Disc stock? Use our calculator to estimate your expected dividend yield:
Twin Disc Financial Ratios
Twin Disc Dividend FAQ
Other factors to consider when evaluating Twin Disc as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Twin Disc 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Twin Disc publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Twin Disc distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Twin Disc are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Twin Disc sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Twin Disc distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Twin Disc declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Twin Disc 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Twin Disc 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.