Tennant Company Increases Dividend

Tennant Company (NYSE: TNC) announced a quarterly cash dividend increase to $0.31 per share, representing a 5.1% rise.

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10/29/2025 - 09:00 AM EDT

Marks 54th Consecutive Annual Dividend Increase; Raises Dividend by 5.1%

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Tennant Company (NYSE: TNC) today authorized raising the quarterly cash dividend to $0.31 per share, a 5.1% increase. The increased dividend is payable December 15, 2025, to shareholders of record at the close of business on November 28, 2025.

“Our disciplined approach to cash management, combined with our strong capital allocation priorities, continues to strengthen our balance sheet and support our ability to consistently return capital to shareholders,” said Tennant Company President and CEO Dave Huml. “We remain committed to delivering long-term value and take great pride in our longstanding record of dividend growth.”

Tennant Company has paid a cash dividend for the past 81 consecutive years and increased the dividend payout for 54 consecutive years.

Company Profile

Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; detergent-free and other sustainable cleaning technologies; and cleaning tools and supplies. Tennant's global field service network is the most extensive in the industry. Tennant Company had sales of $1.29 billion in 2024 and has approximately 4,500 employees. Tennant has manufacturing operations throughout the world and sells products direct in 21 countries and through distributors in more than 100 countries. For more information, visit www.tennantco.com and www.ipcworldwide.com. The Tennant Company logo and other trademarks designated with the symbol “®” are trademarks of Tennant Company registered in the United States and/or other countries.

Category: Dividends