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Tennant Company Declares Regular Quarterly Cash Dividend

1. Tennant Company declared a $0.295 quarterly cash dividend. 2. Dividend payable on March 14, 2025, to record shareholders. 3. Tennant's 2023 sales reached $1.24 billion, indicating financial stability. 4. Tennant operates globally, enhancing market presence and capital flow.

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FAQ

Why Bullish?

The dividend declaration signals confidence in financial health, likely attracting investors. A past example includes increased stock prices following similar announcements.

How important is it?

The dividend change reflects Tennant's financial strategy influencing investor sentiment and stock performance.

Why Short Term?

The immediate impact from dividend announcements typically affects stock prices in the short term. Immediate investor reactions are often observed post-dividend declarations.

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MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of $0.295 per share payable March 14, 2025, to shareholders of record at the close of business on February 28, 2025. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; detergent-free and other sustainable cleaning technologies; and cleaning tools and supplies. Tennant's global field service network is the most extensive in the industry. Tennant Company had sales of $1.24 billion in 2023 and has approximately 4,500 employees. Tennant has manufacturing operations throughout the world and sells products direct in 21 countries and through distributors in more than 100 countries. For more information, visit www.tennantco.com and www.ipcworldwide.com. The Tennant Company logo and other trademarks designated with the symbol “®” are trademarks of Tennant Company registered in the United States and/or other countries. Category: Dividends

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