Twin Disc, Inc. Approves Quarterly Cash Dividend, Payable on March 1, 2024
February 06, 2024 at 08:00 am EST
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Twin Disc Inc. announced that the Board of Directors approved a regular quarterly cash dividend of $0.04 per share payable on March 1, 2024, to shareholders of record at the close of business on February 16, 2024.
Twin Disc, Incorporated designs, manufactures and sells marine and heavy duty off highway power transmission equipment. The Company has two reportable segments: Manufacturing and Distribution. The Companyâs 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, controls systems and non-Twin Disc manufactured products. 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 has manufacturing locations in the United States, Belgium, Italy, Switzerland, and the Netherlands. In addition to these countries, it has distribution locations in Singapore, China, Australia, and Japan.
TWIN DISC, INCORPORATED 
