Tennant Company Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

The Board of Directors of Tennant Company (NYSE: TNC) has declared a quarterly cash dividend of $0.265 per share. This dividend is payable on June 15, 2023, to shareholders on record as of May 31, 2023. Founded in 1870 and headquartered in Eden Prairie, Minnesota, Tennant Company generated $1.09 billion in sales in 2022 and employs approximately 4,250 people. The company specializes in cleaning solutions for various environments, including industrial and commercial sectors, and boasts the most extensive global field service network in the industry. Tennant's commitment to sustainable cleaning technologies positions them as a leader in promoting a cleaner and safer world.

Positive

• Quarterly cash dividend declared at $0.265 per share.
• Dividend payable on June 15, indicating steady income for shareholders.
• Significant sales of $1.09 billion in 2022.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of $0.265 per share payable June 15, 2023, to shareholders of record at the close of business on May 31, 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 2022 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/20230425005951/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 (TNC)?

Tennant Company declared a quarterly cash dividend of $0.265 per share.

When will the dividend for TNC be paid?

The dividend will be paid on June 15, 2023.

What date is the record for Tennant Company’s dividend?

The record date for the dividend is May 31, 2023.

What were Tennant Company's sales in 2022?

Tennant Company reported sales of $1.09 billion in 2022.