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Tennant Company Announces Quarterly Dividend of $0.31
The industrial products company will pay shareholders on March 16th.
Published on Feb. 11, 2026
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Tennant Company (NYSE:TNC) announced that it will pay a quarterly dividend of $0.31 per share to shareholders of record on February 27th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is February 27th.
Why it matters
Tennant has a long history of raising its dividend, having increased it annually for the past 53 consecutive years. This consistent dividend payout is seen as a sign of the company's financial stability and commitment to returning value to shareholders.
The details
The $0.31 per share dividend will be paid on March 16th to shareholders of record as of February 27th. Tennant has a payout ratio of 18.8%, indicating its dividend is well-covered by earnings. Analysts expect the company to earn $7.17 per share next year, which would result in a future payout ratio of 17.3%.
- Tennant announced the quarterly dividend on February 10, 2026.
- The dividend will be paid on March 16, 2026.
- The ex-dividend date is February 27, 2026.
The players
Tennant Company
An industrial products company that designs, manufactures, and markets cleaning machines, chemicals, and service programs for diverse industries.
The takeaway
Tennant's consistent dividend increases over the past 53 years demonstrate the company's financial strength and commitment to shareholder returns, which could make it an attractive investment option for income-oriented investors.
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