Tennant Increases Quarterly DividendOctober 29, 2021
Tennant Co. has declared an increased quarterly dividend of US$0.25 per share on the company’s common stock, up 9% from the previous quarter.
The dividend is payable December 15 to shareholders of record at the close of business November 30.
“This new authorization marks the 50th consecutive year that Tennant has increased its annual cash dividend payout and reflects not only the strength of our capital position but also the board’s confidence in our business outlook,” said Dave Huml, Tennant president and CEO. “We are continuing to implement our key global strategies in order to drive sustainable growth and improve our operational efficiencies with a goal of generating long-term value for our shareholders.”
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.