TWC Enterprises (TSE:TWC) Announces Quarterly Earnings Results

TWC Enterprises (TSE:TWC) announced its quarterly earnings results on Friday. The company reported C$1.15 EPS for the quarter, FiscalAI reports. TWC Enterprises had a net margin of 28.06% and a return on equity of 9.97%. The business had revenue of C$79.50 million for the quarter.

TWC Enterprises Trading Down 0.3%

Shares of TSE:TWC traded down C$0.08 on Friday, hitting C$26.00. 400 shares of the company’s stock were exchanged, compared to its average volume of 1,635. The business’s 50 day simple moving average is C$27.37 and its two-hundred day simple moving average is C$25.44. The company has a debt-to-equity ratio of 2.80, a current ratio of 2.64 and a quick ratio of 1.61. The stock has a market capitalization of C$627.28 million, a price-to-earnings ratio of 10.74 and a beta of 0.27. TWC Enterprises has a 12 month low of C$21.99 and a 12 month high of C$29.98.

TWC Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.5%. TWC Enterprises’s dividend payout ratio is currently 15.70%.

About TWC Enterprises

TWC Enterprises Ltd is a leisure services provider in Canada. Its core business is Golf club operations under the brand name ClubLink One Membership More Golf. The company’s geographical segment includes Canadian golf club operation and US golf club operation. It generates maximum revenue from the Canadian golf club operation segment.