Dividend Yield - Stock, Capital, Investment: Dividend Champion of the Day - Tennant Company (TNC) Has A Target Price of $66

Check out today's Corporate Factbook of Tennant Company.

Tennant pays an annual dividend of $0.84 per share, with a dividend yield of 1.08%. TNC's most recent quarterly dividend payment was made to shareholders of record on Friday, June 15. The company has grown its dividend for the last 46 consecutive years and is increasing its dividend by an average of 2.50% each year. Tennant pays out 54.55% of its earnings out as a dividend.

Most Recent Dividend:	6/15/2018
Annual Dividend:	$0.84
Dividend Yield:	1.08%
Dividend Growth:	2.50% (3 Year Average)
Payout Ratio(s):	54.55% (Trailing 12 Months of Earnings) 40.58% (Based on This Year's Estimates) 31.23% (Based on Next Year's Estimates) 21.18% (Based on Cash Flow)
Track Record:	46 Years of Consecutive Dividend Growth
Frequency:	Quarterly Dividend
Most-Recent Increase:	$0.01 increase on 11/1/2016

Tennant Company (TNC) Company Profile:

Tennant Company designs, manufactures, and markets floor cleaning equipment. It offers a suite of products, including floor maintenance and outdoor cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, specialty surface coatings, and asset management solutions. The company also provides business solutions, such as financing, rental, and leasing programs, as well as machine-to-machine asset management solutions. Its products are used in retail establishments and distribution centers; factories and warehouses; and public venues, such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, parking lots and streets, and other environments. The company markets its products to contract cleaners, businesses, and various governmental entities through direct sales and service organization, as well as through a network of authorized distributors under the Tennant, Nobles, Green Machines, Alfa Uma Empresa Tennant, IRIS, Superior Anodes, Waterstar, and Orbio brands worldwide. Tennant Company was founded in 1870 and is headquartered in Minneapolis, Minnesota.

Price: 78,3 Mean Analyst Target Price: 66

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