Tennant Company

Tennant Company

TNCยทNYSE

$83.82

-2.3%
IndustrialsIndustrial - Machinery

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 management solutions. It also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. The company offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, VLX, IPC, Gaomei, and Rongen brands, as well as private-label brands. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and other environments. It markets its products to contract cleaners and businesses through direct sales and service organizations, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota.

At a Glance

Live Snapshot
Market Cap$1.43B
EPS2.3800
P/E Ratio35.22
Earnings Date08/05/2026
0.47%
Dividend Yield
13%
3Y+22.0%
5Y+66.0%
10Y+26.0%
2750.00%
Dividend Payout Ratio
-2300%
3Y+13538.0%
5Y+16727.0%
10Y+11878.0%
3Y+12.0%
5Y+31.0%
10Y+56.0%
Tennant Company

Tennant Company Dividend History

TNC ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

TNC Dividend Payment History

TNC ยท NYSE

Total Payments

50

Latest Dividend

$0.3100

Annual Amount

$1.5200

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 29, 2026
May 29, 2026Jun 15, 2026
$0.3100
$0.3100
Quarterly0.00%
Feb 10, 2026
Feb 27, 2026Mar 16, 2026
$0.3100
$0.3100
Quarterly0.00%
Oct 29, 2025
Nov 28, 2025Dec 15, 2025
$0.3100
$0.3100
Quarterly+5.08%
Aug 5, 2025
Aug 29, 2025Sep 15, 2025
$0.2950
$0.2950
Quarterly0.00%
Apr 29, 2025
May 30, 2025Jun 16, 2025
$0.2950
$0.2950
Quarterly0.00%
Feb 11, 2025
Feb 28, 2025Mar 14, 2025
$0.2950
$0.2950
Quarterly0.00%
Oct 31, 2024
Nov 29, 2024Dec 16, 2024
$0.2950
$0.2950
Quarterly+5.36%
Aug 6, 2024
Aug 30, 2024Sep 16, 2024
$0.2800
$0.2800
Quarterly0.00%
May 1, 2024
May 31, 2024Jun 14, 2024
$0.2800
$0.2800
Quarterly0.00%
Feb 13, 2024
Feb 29, 2024Mar 15, 2024
$0.2800
$0.2800
Quarterly0.00%
Oct 30, 2023
Nov 30, 2023Dec 15, 2023
$0.2800
$0.2800
Quarterly+5.66%
Aug 2, 2023
Aug 31, 2023Sep 15, 2023
$0.2650
$0.2650
Quarterly0.00%
Apr 25, 2023
May 31, 2023Jun 15, 2023
$0.2650
$0.2650
Quarterly0.00%
Feb 14, 2023
Mar 3, 2023Mar 15, 2023
$0.2650
$0.2650
Quarterly0.00%
Oct 26, 2022
Nov 30, 2022Dec 15, 2022
$0.2650
$0.2650
Quarterly+6.00%
Aug 3, 2022
Aug 31, 2022Sep 15, 2022
$0.2500
$0.2500
Quarterly0.00%
Apr 26, 2022
May 31, 2022Jun 15, 2022
$0.2500
$0.2500
Quarterly0.00%
Feb 9, 2022
Mar 3, 2022Mar 15, 2022
$0.2500
$0.2500
Quarterly0.00%
Oct 28, 2021
Nov 30, 2021Dec 15, 2021
$0.2500
$0.2500
Quarterly+8.70%
Jul 28, 2021
Aug 31, 2021Sep 15, 2021
$0.2300
$0.2300
Quarterly0.00%
Apr 28, 2021
May 31, 2021Jun 15, 2021
$0.2300
$0.2300
Quarterly0.00%
Feb 17, 2021
Mar 1, 2021Mar 15, 2021
$0.2300
$0.2300
Quarterly0.00%
Oct 27, 2020
Nov 30, 2020Dec 15, 2020
$0.2300
$0.2300
Quarterly+4.55%
Aug 12, 2020
Aug 31, 2020Sep 15, 2020
$0.2200
$0.2200
Quarterly0.00%
Apr 29, 2020
May 29, 2020Jun 15, 2020
$0.2200
$0.2200
Quarterly0.00%
Feb 19, 2020
Mar 2, 2020Mar 16, 2020
$0.2200
$0.2200
Quarterly0.00%
Nov 12, 2019
Nov 29, 2019Dec 16, 2019
$0.2200
$0.2200
Quarterly0.00%
Aug 15, 2019
Aug 30, 2019Sep 16, 2019
$0.2200
$0.2200
Quarterly0.00%
May 8, 2019
May 31, 2019Jun 14, 2019
$0.2200
$0.2200
Quarterly0.00%
Feb 14, 2019
Feb 28, 2019Mar 15, 2019
$0.2200
$0.2200
Quarterly0.00%
Nov 9, 2018
Nov 30, 2018Dec 14, 2018
$0.2200
$0.2200
Quarterly+4.76%
Aug 15, 2018
Aug 31, 2018Sep 14, 2018
$0.2100
$0.2100
Quarterly0.00%
Apr 25, 2018
May 31, 2018Jun 15, 2018
$0.2100
$0.2100
Quarterly0.00%
Feb 15, 2018
Feb 28, 2018Mar 15, 2018
$0.2100
$0.2100
Quarterly0.00%
Nov 9, 2017
Nov 30, 2017Dec 15, 2017
$0.2100
$0.2100
Quarterly0.00%
Aug 17, 2017
Aug 31, 2017Sep 15, 2017
$0.2100
$0.2100
Quarterly0.00%
Apr 27, 2017
May 31, 2017Jun 15, 2017
$0.2100
$0.2100
Quarterly0.00%
Feb 16, 2017
Mar 2, 2017Mar 15, 2017
$0.2100
$0.2100
Quarterly0.00%
Nov 1, 2016
Nov 30, 2016Dec 15, 2016
$0.2100
$0.2100
Quarterly+5.00%
Aug 18, 2016
Aug 31, 2016Sep 15, 2016
$0.2000
$0.2000
Quarterly0.00%
Apr 28, 2016
May 31, 2016Jun 15, 2016
$0.2000
$0.2000
Quarterly0.00%
Feb 18, 2016
Feb 29, 2016Mar 15, 2016
$0.2000
$0.2000
Quarterly0.00%
Nov 10, 2015
Nov 30, 2015Dec 15, 2015
$0.2000
$0.2000
Quarterly0.00%
Aug 19, 2015
Aug 31, 2015Sep 15, 2015
$0.2000
$0.2000
Quarterly0.00%
Apr 29, 2015
May 29, 2015Jun 15, 2015
$0.2000
$0.2000
Quarterly0.00%
Feb 18, 2015
Mar 2, 2015Mar 16, 2015
$0.2000
$0.2000
Quarterly0.00%
Nov 11, 2014
Nov 28, 2014Dec 15, 2014
$0.2000
$0.2000
Quarterly0.00%
Aug 21, 2014
Sep 2, 2014Sep 15, 2014
$0.2000
$0.2000
Quarterly0.00%
Apr 24, 2014
May 30, 2014Jun 16, 2014
$0.2000
$0.2000
Quarterly+11.11%
Feb 20, 2014
Mar 3, 2014Mar 17, 2014
$0.1800
$0.1800
Quarterly-
tnc

Tennant Company Payout Ratio Analysis

TNC ยท NYSE
Dividends Paid
-21.90M
2025
Net Income
43.80M
2025
Payout Ratio
50.00%
2025

Dividend Sustainability Analysis

Payout Ratio
50.00%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
50.6%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-2.3%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.