News
Tennant Boosts Company Dividend
October 30, 2023
Tennant Co. has declared an increased quarterly dividend of US$0.28 per share on the company’s common stock, up 5.7% from the previous quarter.
The dividend is payable December 15 to shareholders of record at the close of business November 30. Tennant has paid a cash dividend for the past 79 years and increased the dividend payout for 52 consecutive years.
“Our strong balance sheet, liquidity position, and disciplined capital allocation program allow us to continue to grow our dividend and generate long-term value for our shareholders,” said Dave Huml, Tennant president and CEO.
About Tennant
Tennant Co. is a manufacturer of equipment for maintaining surfaces in industrial, commercial, and outdoor environments as well as surface coatings for concrete floors. Tennant sells products directly in 15 countries and through distributors in more than 80 countries. For more information, visit www.tennantco.com.
