How much dividend does Tennant pay?
Over the past 12 months, Tennant paid a dividend of 1.08 USD . This corresponds to a dividend yield of about 1.28 %. For the coming 12 months, Tennant is expected to pay a dividend of 1.18 USD.
Tennant Dividend 2024
Tennant Dividend
1.08 USD
Tennant Dividend yield
1.28 %
Ticker
TNC
ISIN
US8803451033
WKN
858055
How much dividend does Tennant 2024 pay?
According to the latest status from December 2024, Tennant paid a total of 1.08 USD per share in dividends within the last 12 months. With the current Tennant price of 84.05 USD, this corresponds to a dividend yield of 1.28 %. A dividend is paid 4 times per year.
| 1.28 % Dividend Yield | = |
|
Historical Tennant Dividends
A dividend is paid 4 times per year. Last year, the payout months were April, June, September and December.
| Paydate | Dividend |
|---|---|
| 12/29/2024 | 0.3 |
| 9/30/2024 | 0.28 |
| 7/1/2024 | 0.28 |
| 3/28/2024 | 0.28 |
| 12/29/2023 | 0.28 |
| 9/30/2023 | 0.27 |
| 6/30/2023 | 0.27 |
| 4/2/2023 | 0.27 |
| 12/29/2022 | 0.27 |
| 9/30/2022 | 0.25 |
| 6/27/2022 | 0.25 |
| 4/2/2022 | 0.25 |
| 12/29/2021 | 0.25 |
| 9/30/2021 | 0.23 |
| 6/27/2021 | 0.23 |
| 3/26/2021 | 0.23 |
| 12/27/2020 | 0.23 |
| 9/28/2020 | 0.22 |
| 6/28/2020 | 0.22 |
| 3/28/2020 | 0.22 |
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Tennant dividend history and estimates US8803451033 · 858055
In 2023, Tennant paid a dividend amounting to 1.08 USD. Dividend means that Tennant distributes a portion of its profits to its owners.
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Dividend (Estimate)
Details
Dividend
ⓘDividend Overview
The dividend per year chart for Tennant provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Tennant’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating Tennant's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
Tennant Dividend History
| Date | Tennant Dividend |
|---|---|
| 2026e | 1.18 undefined |
| 2025e | 1.18 undefined |
| 2024e | 1.18 undefined |
| 2023 | 1.08 undefined |
| 2022 | 1.02 undefined |
| 2021 | 0.94 undefined |
| 2020 | 0.89 undefined |
| 2019 | 0.88 undefined |
| 2018 | 0.85 undefined |
| 2017 | 0.84 undefined |
| 2016 | 0.81 undefined |
| 2015 | 0.8 undefined |
| 2014 | 0.78 undefined |
| 2013 | 0.72 undefined |
| 2012 | 0.69 undefined |
| 2011 | 0.68 undefined |
| 2010 | 0.59 undefined |
| 2009 | 0.53 undefined |
| 2008 | 0.52 undefined |
| 2007 | 0.48 undefined |
| 2006 | 0.46 undefined |
| 2005 | 0.44 undefined |
| 2004 | 0.43 undefined |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2004 | 0.43 USD | 0 USD |
| 2005 | 0.44 USD | 0 USD |
| 2006 | 0.46 USD | 0 USD |
| 2007 | 0.48 USD | 0 USD |
| 2008 | 0.52 USD | 0 USD |
| 2009 | 0.53 USD | 0 USD |
| 2010 | 0.59 USD | 0 USD |
| 2011 | 0.68 USD | 0 USD |
| 2012 | 0.69 USD | 0 USD |
| 2013 | 0.72 USD | 0 USD |
| 2014 | 0.78 USD | 0 USD |
| 2015 | 0.8 USD | 0 USD |
| 2016 | 0.81 USD | 0 USD |
| 2017 | 0.84 USD | 0 USD |
| 2018 | 0.85 USD | 0 USD |
| 2019 | 0.88 USD | 0 USD |
| 2020 | 0.89 USD | 0 USD |
| 2021 | 0.94 USD | 0 USD |
| 2022 | 1.02 USD | 0 USD |
| 2023 | 1.08 USD | 0 USD |
| 2024e | 0 USD | 1.18 USD |
| 2025e | 0 USD | 1.18 USD |
| 2026e | 0 USD | 1.18 USD |
Is the Tennant Dividend Safe?
Tennant has been increasing the dividend for 53 years.
Over the past 10 years, Tennant has increased it by an annual 4.09 %.
Over a five-year period, the distribution increased by 4.809%.
Analysts expect a Dividend Increase of 4.792% for the current fiscal year.
Tennant dividend payout ratio US8803451033 · 858055
In 2023, Tennant had a payout ratio of 35.03%. The payout ratio indicates the percentage of the company's profits that Tennant distributes as dividends.
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Payout ratio
ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for Tennant represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
How to Interpret the Data
A lower payout ratio for Tennant could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Using the Data for Investments
Evaluate Tennant's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
Tennant Payout Ratio History
| Date | Tennant Payout ratio |
|---|---|
| 2026e | 32.23 % |
| 2025e | 31.32 % |
| 2024e | 30.32 % |
| 2023 | 35.03 % |
| 2022 | 28.62 % |
| 2021 | 27.3 % |
| 2020 | 49.17 % |
| 2019 | 35.48 % |
| 2018 | 46.7 % |
| 2017 | -240 % |
| 2016 | 31.27 % |
| 2015 | 45.98 % |
| 2014 | 28.89 % |
| 2013 | 33.64 % |
| 2012 | 31.65 % |
| 2011 | 40.24 % |
| 2010 | 32.78 % |
| 2009 | -37.32 % |
| 2008 | 91.23 % |
| 2007 | 23.08 % |
| 2006 | 29.3 % |
| 2005 | 34.92 % |
| 2004 | 58.9 % |
| Payout ratio | |
|---|---|
| 2004 | 58.9 % |
| 2005 | 34.92 % |
| 2006 | 29.3 % |
| 2007 | 23.08 % |
| 2008 | 91.23 % |
| 2009 | -37.32 % |
| 2010 | 32.78 % |
| 2011 | 40.24 % |
| 2012 | 31.65 % |
| 2013 | 33.64 % |
| 2014 | 28.89 % |
| 2015 | 45.98 % |
| 2016 | 31.27 % |
| 2017 | -240 % |
| 2018 | 46.7 % |
| 2019 | 35.48 % |
| 2020 | 49.17 % |
| 2021 | 27.3 % |
| 2022 | 28.62 % |
| 2023 | 35.03 % |
| 2024e | 30.32 % |
| 2025e | 31.32 % |
| 2026e | 32.23 % |
Dividend Details
Understanding Tennant's Dividend Distributions
Tennant’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Year-to-Year Comparison
Examining Tennant's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Impact on Investments
Tennant's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Interpreting Dividend Fluctuations
Changes in Tennant’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
Tennant Aktienanalyse
What does Tennant do?
Tennant Co. is a global leading manufacturer of cleaning equipment and technologies. The company was founded in 1870 by George H. Tennant and is headquartered in Minnesota, USA. History: Tennant Co. began as George H. Tennant purchased a mill in Minneapolis and later expanded it into a vacuum cleaner factory. In 1910, the company became known as Tennant Co. and started manufacturing floor cleaning equipment. Over the years, the company steadily expanded its product portfolio and developed innovative technologies such as the automatic scrubbing machine. Business Model: Tennant Co. is a globally operating company with a wide product portfolio and a focus on sustainability and environmental friendliness. The company offers solutions for cleaning various types of flooring and surfaces such as concrete, wood, tiles, textiles, and carpets. Tennant Co. provides products and services for both commercial and residential use. Divisions: The company has four main divisions: floor cleaning, surface cleaning, water treatment, and partnerships. The floor cleaning division offers a variety of equipment and technologies for floor cleaning, including sweepers, scrubbers, burnishers, and electric cleaning vehicles. In surface cleaning, Tennant Co. provides solutions for cleaning different surfaces such as airplanes, trains, ship decks, and roads. This includes high-pressure cleaners, sandblasting equipment, ultra-high-pressure cleaners, and sweepers. The water treatment division offers solutions for water treatment, such as removing dirt and chemical contaminants. This includes water filtration systems, adsorption systems, ozone filtration, and ultrafiltration systems. The partnership division aims to form partnerships with other companies to develop innovative solutions and explore new business opportunities. Products: Tennant Co. offers a wide range of products. In the floor cleaning segment, the company provides floor cleaning machines (sweepers, scrubbers, and burnishers), cleaning tools and accessories such as brushes and filters. In the surface cleaning segment, Tennant Co. offers high-pressure cleaners, sandblasting equipment, and sweepers. The company also offers more environmentally friendly solutions such as electric sweepers and battery-operated devices. In the water treatment segment, the company offers a wide range of systems for removing contaminants, such as adsorption and ultrafiltration systems. Conclusion: Tennant Co. is a company with a long history and a wide range of cleaning solutions and technologies. The company strives to offer environmentally friendly solutions and form partnerships with other companies to develop innovative solutions. Tennant's commitment to sustainability, innovation, and quality makes it one of the leading providers of cleaning equipment and technologies. Tennant is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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Frequently Asked Questions about Tennant stock
What is the dividend yield of Tennant?
The current dividend yield of Tennant is 1.28 %.
When does Tennant pay dividends?
Tennant pays a quarterly dividend. This is distributed in the months of March, June, September, December.
How secure is the dividend of Tennant?
Tennant paid dividends every year for the past 79 years.
What is the dividend of Tennant?
For the upcoming 12 months, dividends amounting to 1.18 USD are expected. This corresponds to a dividend yield of 1.4 %.
In which sector is Tennant located?
Tennant is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Tennant kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Tennant from 12/16/2024 amounting to 0.295 USD, you needed to have the stock in your portfolio before the ex-date on 11/29/2024.
When did Tennant pay the last dividend?
The last dividend was paid out on 12/16/2024.
What was the dividend of Tennant in the year 2023?
In the year 2023, Tennant distributed 1.015 USD as dividends.
In which currency does Tennant pay out the dividend?
The dividends of Tennant are distributed in USD.
Andere Kennzahlen von Tennant
Our stock analysis for Tennant Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tennant Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
