Tennant Company Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

On August 3, 2022, Tennessee Company (NYSE: TNC) announced a quarterly cash dividend of 25 cents per share, payable on September 15, 2022, to shareholders recorded as of August 31, 2022. Founded in 1870 and headquartered in Eden Prairie, Minnesota, Tennant Company specializes in designing and manufacturing cleaning solutions. The company reported sales of $1.09 billion in 2021 and employs approximately 4,250 people worldwide, emphasizing sustainability and innovation in its product offerings.

Positive

• Quarterly cash dividend of 25 cents per share enhances shareholder income.
• Stable sales revenue of $1.09 billion in 2021 demonstrates company strength.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of 25 cents per share payable September 15, 2022, to shareholders of record at the close of business on August 31, 2022.

Company Profile

Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; detergent-free and other sustainable cleaning technologies; and cleaning tools and supplies. Tennant's global field service network is the most extensive in the industry. Tennant Company had sales of $1.09 billion in 2021 and has approximately 4,250 employees. Tennant has manufacturing operations throughout the world and sells products directly in 15 countries and through distributors in more than 100 countries. For more information, visit www.tennantco.com and www.ipcworldwide.com. The Tennant Company logo and other trademarks designated with the symbol “®” are trademarks of Tennant Company registered in the United States and/or other countries.

Category: Dividends

View source version on businesswire.com: https://www.businesswire.com/news/home/20220803005909/en/

INVESTOR CONTACT:

Lorenzo Bassi

Vice President, Finance

lorenzo.bassi@tennantco.com

763-540-1600

Source: Tennant Company

FAQ

What is the dividend amount declared by Tennant Company in August 2022?

Tennant Company declared a quarterly cash dividend of 25 cents per share.

When will the dividend be paid to shareholders of Tennant Company?

The dividend will be payable on September 15, 2022.

What is the record date for Tennant Company's dividend payment?

The record date for the dividend payment is August 31, 2022.

How much were Tennant Company's sales in 2021?

Tennant Company reported sales of $1.09 billion in 2021.