Dividend Information About Tennant: Everything You Need to Know Before Its Ex-Dividend Date on Aug 29, 2025

Tennant Company (TNC) has announced a regular quarterly cash dividend of $0.295 per share, marking an increase compared to the average of its last 10 dividend payments, which stood at approximately $0.201 per share. The dividend will be paid on Sep 15, 2025, to shareholders of record as of the ex-dividend date on Aug 29, 2025. Investors must purchase shares before this date to be eligible for the payout. The announcement was made on Aug 5, 2025, with the most recent dividend having been issued on Jun 16, 2025, also at $0.295 per share and in the form of a cash dividend. These consistent dividend payments underscore the company’s commitment to returning value to shareholders, with a recent upward adjustment indicating a strengthening in its dividend policy.

Over the past week, several significant developments have shaped the market perception of Tennant. Most notably, Nuveen LLC recently acquired a new position in TNC, purchasing 129,506 shares valued at around $10.3 million, giving it approximately 0.69% ownership. This move reflects growing institutional confidence in the company’s long-term prospects. Meanwhile, insider activity has drawn attention, as Chief Commercial Officer Richard Zay recently sold 4,042 shares, adding to a total of 11,095 shares sold over the past year. Despite this, the stock remains fairly valued, with a price-to-GF-Value ratio of 0.98 and a market capitalization of $1.491 billion as of Aug 19, 2025. The insider selling trend, while noteworthy, has not significantly impacted the stock’s price, which has remained relatively stable.

In addition, Tennant’s recent Q2 earnings call highlighted a mixed but generally positive outlook. While organic sales declined by 4.5%, the company reported strong order growth—up 4%, especially in the Americas—and successful product launches, including the X6 ROVR and Z50 Citadel models. These innovations, combined with pricing initiatives and a strong cash flow position, have positioned Tennant to meet its full-year guidance. However, ongoing challenges such as inflationary pressures, supply-chain issues, and macroeconomic uncertainties remain. Despite these, the company remains optimistic about its ability to navigate the current environment and deliver on its financial targets.

As of late, the stock has shown moderate strength, with shares trading near $83.20, reflecting a forward P/E ratio of 13.7 and a price-to-GF-Value of 0.98. While the recent insider selling may raise questions, the broader institutional investment and strong product performance suggest a resilient business model. Investors should note that the ex-dividend date of Aug 29, 2025, is the final day to purchase shares and receive the upcoming dividend. Any purchase made after this date will not qualify for the payout.