Tennant Company Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Tennant Company (NYSE: TNC), a global leader in surface maintenance solutions, has declared a regular quarterly cash dividend of $0.28 per share. The dividend is payable on September 16, 2024, to shareholders of record as of August 30, 2024. Founded in 1870, Tennant Company specializes in designing, manufacturing, and marketing equipment for maintaining surfaces in various environments, as well as sustainable cleaning technologies and supplies. The company reported sales of $1.24 billion in 2023 and employs approximately 4,500 people globally. Tennant operates manufacturing facilities worldwide and sells products directly in 15 countries, with distribution in over 100 countries.

Positive

• Consistent dividend payment indicates financial stability
• Global presence with direct sales in 15 countries and distribution in over 100 countries
• Strong sales performance with $1.24 billion in revenue for 2023

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of $0.28 per share payable September 16, 2024, to shareholders of record at the close of business on August 30, 2024.

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 $1.24 billion in 2023 and has approximately 4,500 employees. Tennant has manufacturing operations throughout the world and sells products direct 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/20240806086027/en/

INVESTOR CONTACT:

Lorenzo Bassi

Vice President, Finance and Investor Relations

investors@tennantco.com

763-540-1242

Source: Tennant Company

FAQ

What is the amount of Tennant Company's (TNC) quarterly dividend for September 2024?

Tennant Company (TNC) has declared a regular quarterly cash dividend of $0.28 per share for September 2024.

When is the payment date for Tennant Company's (TNC) September 2024 dividend?

The dividend payment date for Tennant Company (TNC) is September 16, 2024.

What is the record date for Tennant Company's (TNC) September 2024 dividend?

The record date for Tennant Company's (TNC) September 2024 dividend is August 30, 2024.

What were Tennant Company's (TNC) sales figures for 2023?

Tennant Company (TNC) reported sales of $1.24 billion in 2023.