Tennant Company Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

On February 14, 2023, Tennant Company (NYSE: TNC) declared a quarterly cash dividend of $0.265 per share. This dividend is payable on March 15, 2023, to shareholders on record as of the close of business on March 3, 2023. Founded in 1870 and headquartered in Eden Prairie, Minnesota, Tennant Company specializes in cleaning technologies and equipment for various environments. It generated $1.09 billion in sales in 2021 and employs approximately 4,250 people across global manufacturing and distribution networks.

Positive

• Quarterly cash dividend of $0.265 per share announced, reflecting company confidence.
• Sales of $1.09 billion in 2021 demonstrate strong market position.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of $0.265 per share payable March 15, 2023, to shareholders of record at the close of business on March 3, 2023.

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/20230214005823/en/

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?

Tennant Company declared a dividend of $0.265 per share.

When is the dividend payable for TNC shares?

The dividend is payable on March 15, 2023.

What is the record date for the dividend on TNC shares?

The record date for the dividend is March 3, 2023.

What were Tennant Company's sales in 2021?

Tennant Company reported sales of $1.09 billion in 2021.