Twin Disc Announces Quarterly Dividend of $0.05 Per Share
Twin Disc (NASDAQ: TWIN) has declared a quarterly dividend of $0.05 per share, maintaining its previous payout level. The dividend carries a forward yield of approximately 0.83%. Shareholders of record as of November 18 will receive the payment on December 1. The announcement comes amidst broader strategic discussions regarding the company's long-term growth targets. Twin Disc has previously outlined ambitious goals to reach $500 million in revenue and achieve 30% gross margins by 2030, supported by an expansion in Finland expected to be fully operational by fiscal year 2028.
Tickers: $TWIN
Topics: dividend announcement quarterly dividend shareholder information