Tennant Company Increases Dividend From $0.28 To $0.295 Per Share
Portfolio Pulse from Benzinga Newsdesk
Tennant Company has announced a 5.4% increase in its quarterly cash dividend, raising it from $0.28 to $0.295 per share. This marks the 53rd consecutive annual increase in dividends. The new dividend is payable on December 16, 2024, to shareholders recorded by November 29, 2024.
October 31, 2024 | 8:00 pm
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Tennant Company has increased its quarterly dividend by 5.4% to $0.295 per share, marking the 53rd consecutive annual increase. This move reflects the company's strong financial health and commitment to returning value to shareholders.
The increase in dividend indicates Tennant Company's strong financial position and commitment to shareholder returns, which is likely to positively impact investor sentiment and potentially the stock price in the short term.
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