Tennant Company Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

On July 28, 2021, Tennant Company (TNC) announced a quarterly cash dividend of 23 cents per share. This dividend will be payable on September 15, 2021, to shareholders recorded by the close of business on August 31, 2021. Founded in 1870 and based in Eden Prairie, Minnesota, Tennant Company is a leader in designing and manufacturing cleaning solutions, with reported sales of $1.0 billion in 2020 and around 4,300 employees. The company operates globally, selling products directly in 15 countries.

Positive

• Quarterly cash dividend of 23 cents per share demonstrates financial stability.
• Reported sales of $1.0 billion in 2020 indicates strong market presence.

Negative

• None.

Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of 23 cents per share payable September 15, 2021, to shareholders of record at the close of business on August 31, 2021.

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 $1.0 billion in 2020 and has approximately 4,300 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210728005932/en/

FAQ

What is the dividend amount declared by Tennant Company (TNC)?

Tennant Company declared a quarterly cash dividend of 23 cents per share.

When is the dividend payable for TNC shareholders?

The dividend is payable on September 15, 2021.

What is the record date for the TNC dividend?

The record date for the dividend is August 31, 2021.

What were Tennant Company's sales in 2020?

Tennant Company reported sales of $1.0 billion in 2020.