Tennant Co (TNC) has declared a quarterly dividend of $0.31 per share, payable to shareholders of record. This marks a 5.1% increase from the previous dividend of $0.29 per share, reflecting management's confidence in the company's financial position.
Dividend Details
- Ex-Dividend Date: November 27, 2025
- Payment Date: December 14, 2025
- Dividend Yield: 1.66%
- Payment Frequency: Quarterly
Investors must own shares before the ex-dividend date to qualify for this dividend. Shares purchased on or after November 27 will not be entitled to this payment, which will be distributed to eligible shareholders on December 14.
The current dividend yield of 1.66% represents the annual dividend income relative to the stock price. Tennant Co, headquartered in Eden Prairie, Minnesota, engages in designing, manufacturing, and marketing cleaning solutions. The company employs 4,632 full-time staff and offers a range of products for both industrial and commercial use.
This update provides insight into Tennant's cash flow generation and capital allocation strategy. Regular dividend payments can be appealing to income-focused investors, although they are not guaranteed and can be adjusted based on business performance. Investors are encouraged to review the company's dividend history, payout ratio, and overall financial health to gauge the sustainability of these payments.
Looking ahead, Tennant is set to report earnings on August 3, 2026, with an estimated EPS of $1.68 and revenue expectations of $335.3 million.