Tennant Company Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Tennant Company (NYSE: TNC) announced a quarterly cash dividend of 25 cents per share, payable on March 15, 2022. Shareholders must be on record by the close of business on March 3, 2022. Founded in 1870 and headquartered in Eden Prairie, Minnesota, Tennant is a leader in quality cleaning solutions, focusing on reducing environmental impact. With sales of $1.0 billion in 2020 and approximately 4,300 employees, the company operates globally, providing various sustainable cleaning technologies.

Positive

• Quarterly cash dividend declared at 25 cents per share.
• Tennant's strong revenue of $1.0 billion in 2020 indicates solid company performance.
• Focus on sustainable cleaning solutions aligns with market trends and environmental policies.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of 25 cents per share payable March 15, 2022, to shareholders of record at the close of business on March 3, 2022.

Company Profile
Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, reduce their environmental impact and help create a cleaner, safer, 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/20220209006047/en/

INVESTOR CONTACT:

Fay West

Senior VP and Chief Financial Officer

fay.west@tennantco.com

763-540-1600

Source: Tennant Company

FAQ

When is the dividend payment date for TNC?

The dividend payment date for TNC is March 15, 2022.

What is the amount of the quarterly dividend declared by TNC?

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

What is the record date for TNC's dividend?

The record date for TNC's dividend is March 3, 2022.

How has Tennant Company's revenue performed?

Tennant reported sales of $1.0 billion in 2020.