Tennant Company Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Tennant Company (TNC) has declared a quarterly cash dividend of 23 cents per share, scheduled for payment on June 15, 2021, to shareholders recorded by the close of business on May 31, 2021. Founded in 1870 and based in Minneapolis, Tennant is a leader in designing and manufacturing sustainable cleaning solutions. In 2020, the company reported sales of $1.0 billion and employs approximately 4,300 people globally. Its extensive product lineup includes equipment for various environments and focuses on reducing environmental impact.

Positive

• Quarterly cash dividend declared at 23 cents per share, providing income for shareholders.
• Company had sales of $1.0 billion in 2020, indicating strong business performance.
• Extensive global field service network enhances customer support and operational efficiency.

Negative

• None.

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

Company Profile

Founded in 1870, Tennant Company (TNC), headquartered in Minneapolis, 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/20210428006016/en/

FAQ

What is the recent dividend announcement for Tennant Company (TNC)?

Tennant Company has declared a quarterly cash dividend of 23 cents per share payable on June 15, 2021.

When is the dividend payment date for TNC?

The dividend payment date for Tennant Company is June 15, 2021.

What are the conditions for receiving the dividend from TNC?

Shareholders must be on record as of May 31, 2021, to receive the cash dividend.

How does Tennant Company's sales performance impact shareholders?

Tennant reported sales of $1.0 billion in 2020, reflecting strong financial performance beneficial to shareholders.