TNC Tennant dividend history, payout ratio & dates
Tennant's latest cash dividend of $0.295 per share was issued to shareholders on record before Nov 29, 2024. The dividend distribution stands at $1.14 per share annually, which comes to a dividend yield of 1.41%. The latest TNC dividend of $0.295 is an increase from the previous $0.28 payout, representing a growth of 5%.
Key dates
- TNC last dividend date: Nov 29, 2024
TNC dividend stats
vs. Industrials sector
Dividend yield
Tennant's dividend yield of 1.41% is higher than the industry average but lower than the Industrials sector average. But in comparison with the Industrials sector average of 1.46%, Tennant's dividend yield is only 3.4% lower. Historically TNC's dividend yield has averaged at 1.3% in the last 5 years, which is lower than the current one.
Dividend history
Tennant has been paying dividends for the last 30 years. Our records show that TNC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 6% since twelve months ago. And with the price of the stock down by 13% from a year ago, the dividend yield has an increase of 21%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 29, 2024 | $0.295 | 1.28% |
| Aug 30, 2024 | $0.28 | 1.15% |
| May 31, 2024 | $0.28 | 1.08% |
| Feb 28, 2024 | $0.28 | 0.96% |
| Nov 29, 2023 | $0.28 | 1.25% |
| Aug 30, 2023 | $0.265 | 1.27% |
| May 30, 2023 | $0.265 | 1.41% |
| Mar 2, 2023 | $0.265 | 1.43% |
| Nov 29, 2022 | $0.265 | 1.63% |
| Aug 30, 2022 | $0.25 | 1.64% |
| May 27, 2022 | $0.25 | 1.55% |
| Mar 2, 2022 | $0.25 | 1.21% |
| Nov 29, 2021 | $0.25 | 1.17% |
| Aug 30, 2021 | $0.23 | 1.25% |
| May 27, 2021 | $0.23 | 1.09% |
| Feb 26, 2021 | $0.23 | 1.18% |
| Nov 27, 2020 | $0.23 | 1.3% |
| Aug 28, 2020 | $0.22 | 1.29% |
| May 28, 2020 | $0.22 | 1.36% |
| Feb 28, 2020 | $0.22 | 1.23% |
| Nov 27, 2019 | $0.22 | 1.18% |
| Aug 29, 2019 | $0.22 | 1.31% |
| May 30, 2019 | $0.22 | 1.51% |
| Feb 27, 2019 | $0.22 | 1.36% |
| Nov 29, 2018 | $0.22 | 1.43% |
| Aug 30, 2018 | $0.21 | 1.1% |
| May 30, 2018 | $0.21 | 1.05% |
| Feb 27, 2018 | $0.21 | 1.24% |
| Nov 29, 2017 | $0.21 | 1.28% |
| Aug 29, 2017 | $0.21 | 1.38% |
| May 26, 2017 | $0.21 | 1.17% |
| Feb 28, 2017 | $0.21 | 1.17% |
| Nov 28, 2016 | $0.21 | 1.08% |
| Aug 29, 2016 | $0.2 | 1.24% |
| May 26, 2016 | $0.2 | 1.51% |
| Feb 25, 2016 | $0.2 | 1.53% |
| Nov 25, 2015 | $0.2 | 1.3% |
| Aug 27, 2015 | $0.2 | 1.39% |
| May 27, 2015 | $0.2 | 1.21% |
| Feb 26, 2015 | $0.2 | 1.19% |
Tennant dividend payout ratio
Payout ratio
Tennant's payout ratio of 19.7% is below the Industrials sector and the industry average. Compared to its Industrials sector average of 33.1%, Tennant's payout ratio is 40% lower.
Total amount of dividends paid per financial year (from cash flow)
TNC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EVI Evi Industries Inc | 1.78% | $0.31 | 59.6% |
| TNC Tennant Co | 1.41% | $1.14 | 19.7% |
| SXI Standex International Corp | 0.64% | $1.22 | 19.8% |
Frequently asked questions
Does Tennant pay a dividend?
Yes, Tennant has paid four dividends in the last twelve months. TNC has been paying dividends since 1994.
When was TNC's last dividend?
Tennant's last dividend ex-date was on Nov 29, 2024. The dividend amount was $0.295 per share.
How much dividend does Tennant pay (per share)?
On an annual basis TNC pays $1.14 per share.
What is Tennant's dividend yield?
Tennant's current dividend yield is 1.41%.
How often does Tennant pay dividends?
Tennant pays dividends quarterly.
What is Tennant's dividend payout ratio?
The dividend payout ratio of Tennant is 19.7%.
Does Tennant pay a good dividend?
Tennant's dividend yield is in line with the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.