The ex-dividend date for Twin Disc (Nasdaq:TWIN) is tomorrow, November 8, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $41.42 as of 9:30 a.m., the dividend yield is 0.8%.
NEW YORK ( TheStreet) -- The ex-dividend date for Twin Disc (Nasdaq: TWIN) is tomorrow, November 8, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $41.42 as of 9:30 a.m. ET, the dividend yield is 0.8%. The average volume for Twin Disc has been 102,800 shares per day over the past 30 days. Twin Disc has a market cap of $439.4 million and is part of the industrial goods sector and industrial industry. Shares are up 40.9% year to date as of the close of trading on Friday. Twin Disc, Incorporated engages in the design, manufacture, and sale of marine and heavy duty off-highway power transmission equipment. The company has a P/E ratio of 18.9, above the average industrial industry P/E ratio of 17.2 and above the S&P 500 P/E ratio of 17.7.
Practice your dividend trading strategies and win cash in our stock game.
TheStreet Ratings rates Twin Disc as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Twin Disc Ratings Report. See our dividend calendar or top-yielding stocks list.
Looking at the universe of stocks we cover at Dividend Channel, on 2/11/15, Twin Disc Incorporated will trade ex-dividend, for its quarterly dividend of $0.09, payable on 3/2/15. As a percentage of TWIN's recent stock price of $19.63, this dividend works out to approximately 0.46%.