Tennant Company
S&P 500TNC/Industrials · Specialty Industrial Machinery/NYSE
Dividend Yield
1.36%
$1.23 · Annual Dividend
Dividend Safety Rating
TNC's dividend appears safe and well-supported. Strengths include a 37.8% cfo payout ratio & 7.4x interest coverage. Areas of concern: 137.1% fcf payout ratio & 5.3% return on equity. The dividend has been growing at a 6.07% 5-year CAGR.
Based on 15 of 15 metrics
Strengths
- Current Ratio: 2.1xStrong short-term liquidity to meet obligations.
- Debt-to-Equity: 73.6Conservative debt level relative to equity.
- Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
Risks
- FCF Payout Ratio: 137.1%Free cash flow is tight relative to the dividend.
- Operating Margin: 1.8%Operating margin is thin and pressures the dividend.
- Return on Equity: 5.3%Return on equity is below industry norms.
Payout & Coverage
CautionBalance Sheet
Very SafeProfitability
WarningDividend Track Record
Very SafeAbout Tennant Company
Tennant Company is a leading manufacturer and marketer of cleaning solutions and equipment. Specializing in products such as floor scrubbers, sweepers, vacuums, carpet extractors, and industrial cleaning machines, Tennant serves a diverse range of sectors including commercial, industrial, and institutional environments. Known for its innovation in sustainable cleaning technology, Tennant provides eco-friendly cleaning solutions that help reduce environmental impact while maintaining high sanitary standards. The company’s offerings extend beyond equipment with a comprehensive range of services, such as equipment leasing, maintenance, parts distribution, and customer support. Tennant's global operations and robust distribution networks ensure a far-reaching presence across international markets, playing a crucial role in enhancing cleaning efficiency and operational productivity for businesses worldwide. Founded in 1870 and headquartered in Minneapolis, Minnesota, Tennant continues to influence the cleaning industry with its commitment to cutting-edge technology and sustainability solutions.
Dividend Overview
Dividend Yield
1.36%
Annual Dividend
$1.23
Frequency
Quarterly
Payout Ratio
72.02%
FCF Payout Ratio
137.11%
52-Week Range
$60.18 - $91.93
Dividend History (2016–2025)
TNC annual dividend per share and yield history
Earnings & Profitability
TNC earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
May 29, 2026
Last Payment Date
June 15, 2026
Dividend Growth
3-Year Dividend CAGR
5.59%
5-Year Dividend CAGR
6.07%
10-Year Dividend CAGR
4.09%
3-Year Total Growth
17.73%
5-Year Total Growth
34.27%
10-Year Total Growth
49.38%
Income Calculator
Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.