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Tennant Company Stock Dividends Overview

TNC pays dividends quarterly. Last paid amount was $0.280 at Mar 15, 2024. As of today, dividend yield (TTM) is 1.23%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 1.23%
Frequency Quarterly
1Y Growth 5.66%
Payout Ratio 0
Amount Per Share $0.280
Next Ex-Dividend Date May 31, 2024
Next Payment Date Jun 14, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from TNC the purchase should be done within the next 21 days.
Here's a simple guide on how to buy TNC stock.

TNC Dividend Payout History

To ensure a understanding of TNC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
141 May 05, 1989 May 23, 1989 Jun 13, 1989 $0.0700 0.80%
142 Feb 22, 1989 Feb 28, 1989 Mar 13, 1989 $0.0650 0.97%
143 Dec 14, 1988 Dec 19, 1988 Dec 30, 1988 $0.0650 0.99%
144 Aug 08, 1988 Aug 24, 1988 Sep 13, 1988 $0.0600 0.96%
145 May 09, 1988 May 23, 1988 Jun 13, 1988 $0.0600 0.86%
146 Feb 22, 1988 Mar 01, 1988 Mar 14, 1988 $0.0600 0.91%
147 Dec 10, 1987 Dec 16, 1987 Dec 31, 1987 $0.0600 1.02%
148 Aug 07, 1987 Aug 25, 1987 Sep 14, 1987 $0.0600 0.780%
149 May 11, 1987 May 22, 1987 Jun 12, 1987 $0.0600 0.85%
150 Feb 23, 1987 Mar 02, 1987 Mar 13, 1987 $0.0600 0.780%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (84.76%)

Growth potential

Stable (17.44%)

TNC Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from TNC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TNC stock here.

Comparing TNC to Sector and Country

TNC pays a solid dividend yield of 1.23%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.514%). TNC’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.13%), which means that there are more attractive dividend stocks to consider.

TNC Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
SCS
Steelcase Inc 1.47B - 2.97% 58.69%
TNC
Tennant Company 2.053B $0.280 1.23% 18.05%

FAQ

What factors can affect the amount of TNC's dividend payments?
The amount of TNC's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in TNC sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from TNC stock be automatically reinvested?
If TNC offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy TNC stock.

How often does TNC pay dividend?
Tennant Company (TNC) pays dividends quarterly. The most recent payout was on Mar 15, 2024. The upcoming dividend Ex Date is May 31, 2024, with an amount of $0.280.

How much does TNC pays per share?
The last recorder (Feb 28, 2024) dividend per share was $0.280.

What is TNC dividend growth rate?
Over the last year, Tennant Company has witnessed growth rate of 5.66% . Looking back over the past 3 years, this growth rate has been 6.78%. Furthermore, examining the past 5 years, Tennant Company has maintained an average Dividends Per Share Growth Rate of 4.94%.
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About Tennant Company

Tennant Company Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, specialty surface coatings, and asset m... TNC Profile

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