Tennant Company Stock Dividends
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
AI Analysis of TNC
| Dividend Analysis | Generate |
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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 11 | Oct 28, 2021 | Nov 29, 2021 | Dec 15, 2021 | $0.250 | 0.305% |
| 12 | Jul 28, 2021 | Aug 30, 2021 | Sep 15, 2021 | $0.230 | 0.307% |
| 13 | Apr 28, 2021 | May 27, 2021 | Jun 15, 2021 | $0.230 | 0.281% |
| 14 | Feb 17, 2021 | Feb 26, 2021 | Mar 15, 2021 | $0.230 | 0.279% |
| 15 | Oct 27, 2020 | Nov 27, 2020 | Dec 15, 2020 | $0.230 | 0.327% |
| 16 | Aug 12, 2020 | Aug 28, 2020 | Sep 15, 2020 | $0.220 | 0.356% |
| 17 | Apr 29, 2020 | May 28, 2020 | Jun 15, 2020 | $0.220 | 0.343% |
| 18 | Feb 19, 2020 | Feb 28, 2020 | Mar 16, 2020 | $0.220 | 0.403% |
| 19 | Nov 12, 2019 | Nov 27, 2019 | Dec 16, 2019 | $0.220 | 0.280% |
| 20 | Aug 15, 2019 | Aug 29, 2019 | Sep 16, 2019 | $0.220 | 0.305% |
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
Growth potential
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 | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Steelcase Inc | 1.47B | - | 2.97% | 58.69% | |
| Tennant Company | 2.053B | $0.280 | 1.23% | 18.05% |
