Tennant Company Increases Quarterly Dividend by 4.8% to $0.325 per Share
Tennant Company (TNC) has announced a 4.8% increase in its quarterly dividend, raising the payout from $0.130 to $0.325 per share. The dividend carries a forward yield of 1.89%, with an ex-dividend date set for November 30 and payment scheduled for December 15. This announcement follows recent financial results where Tennant reported a non-GAAP EPS of $1.40, beating analyst expectations by $0.42, despite a revenue miss of $8.45 million on total sales of $322.3 million. Looking ahead, the company has provided net sales guidance between $1.27 billion and $1.31 billion for 2026, while specifically targeting robotics revenue in the range of $130 million to $145 million.
Tickers: $TNC
Topics: dividend increase earnings beat financial guidance revenue miss robotics revenue