Tennant Company Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

On April 26, 2022, Tennant Company (NYSE: TNC) announced a quarterly cash dividend of 25 cents per share, payable on June 15, 2022, to shareholders of record as of May 31, 2022. Founded in 1870 and headquartered in Eden Prairie, Minnesota, Tennant specializes in creating cleaning solutions across various environments. The company recorded $1.09 billion in sales for 2021 and has around 4,250 employees, with a vast global presence in manufacturing and distribution.

Positive

• Quarterly cash dividend of 25 cents per share demonstrates consistent returns for shareholders.
• Company's 2021 sales reached $1.09 billion, indicating strong revenue performance.

Negative

• None.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20220426006169/en/

INVESTOR CONTACT:

Fay West

Senior VP and Chief Financial Officer

fay.west@tennantco.com

763-540-1600

Source: Tennant Company

FAQ

What is the dividend amount for Tennant Company (TNC)?

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

When will the dividend for TNC be paid?

The dividend for Tennant Company is payable on June 15, 2022.

What is the record date for the TNC dividend?

The record date for the dividend is May 31, 2022.

How much did Tennant Company earn in sales in 2021?

Tennant Company reported sales of $1.09 billion in 2021.