SmarterDividends
TNC

Tennant Company

TNC38 yrs growth

Industrials · Specialty Industrial Machinery · Stock · quarterly payer

$74.01

Overvalued · -16% Add to Portfolio

Forward Yield

1.80%

Annual Dividend

$1.30

Payout Ratio

91%

5-Yr Growth

6.1%

Ex-Date

Nov 30, 2026

Frequency

Quarterly

Key facts about TNC's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 4, 2026, Tennant Company (TNC) has a forward dividend yield of 1.80%, based on an annual dividend of $1.30 per share and a share price of $74.01.
  • As of Nov 4, 2026, TNC's dividend safety grade from SmarterDividends is A (86 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Tennant Company (TNC) has raised its dividend for 38 consecutive years as of Nov 4, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
  • TNC has never cut its regular dividend in the payment history SmarterDividends has on record.
  • TNC's next ex-dividend date is Nov 30, 2026, with payment on Dec 15, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 4, 2026, TNC pays out 91% of its trailing 12-month earnings as dividends (its payout ratio).
  • TNC's dividend has grown at an average rate of 6.1% a year over the past five years.
  • As of Nov 4, 2026, TNC's 1.80% yield is 33% above its five-year average yield of 1.36%.
  • As of Nov 4, 2026, SmarterDividends' blended fair-value estimate for TNC is $61.99 per share, 16% below the $74.01 share price, so TNC screens as overvalued.
  • Tennant Company (TNC) pays its dividend quarterly, 4 times a year.
  • Tennant Company (TNC) has raised its regular dividend 24 times and cut it 0 times across the 159 payments on record since 1987. Its most recent change was a 5.1% increase to $0.310 per share, going ex-dividend on Nov 28, 2025.
  • Tennant (TNC) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 5.1%, was declared on Oct 29, 2025.
Cite this page

SmarterDividends, "TNC Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 4, 2026, https://smarterdividends.com/stocks/TNC

Summary

As of Nov 4, 2026, Tennant Company (TNC) yields 1.80% ($1.30 a year per share), has a dividend safety grade of A (86/100) and has 38 consecutive years of dividend increases on record.

Is TNC a good dividend stock?

Yes

Tennant Company (TNC) pays a quarterly dividend yielding 1.80% ($1.30/yr), with 38 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 38 consecutive years of growth
  • Never cut its dividend on record
  • Strong 6.1% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Elevated payout ratio (91%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
1.80%
Payout Ratio
91%
Annual Dividend
$1.30
5-Yr Avg Growth
6.1%
Ex-Dividend Date
Nov 30, 2026
Years of Growth
38
Frequency
quarterly
Beta
1.14
Market Cap
$1.3B
P/E Ratio
54.4
5-Yr Total Return
-16%
52-Week Range
$60.18 – $91.93
Dividend Safety
A · 86/100
Ever Cut?
No

TNC dividend raises and cuts

Tennant Company (TNC) has raised its regular dividend 24 times and cut it 0 times across the 159 payments on record since 1987. Its most recent change was a 5.1% increase to $0.310 per share, going ex-dividend on Nov 28, 2025.

Ex-dateChangeOld → newMove
Nov 28, 2025Raise$0.295 → $0.310+5.1%
Nov 29, 2024Raise$0.280 → $0.295+5.4%
Nov 29, 2023Raise$0.265 → $0.280+5.7%
Nov 29, 2022Raise$0.250 → $0.265+6.0%
Nov 29, 2021Raise$0.230 → $0.250+8.7%
Nov 27, 2020Raise$0.220 → $0.230+4.5%
Nov 29, 2018Raise$0.210 → $0.220+4.8%
Nov 28, 2016Raise$0.200 → $0.210+5.0%
May 28, 2014Raise$0.180 → $0.200+11.1%
Nov 28, 2012Raise$0.170 → $0.180+5.9%
Nov 26, 2010Raise$0.140 → $0.170+21.4%
Nov 25, 2009Raise$0.130 → $0.140+7.7%
Show all 24 changes since 1988
Ex-dateChangeOld → newMove
Feb 27, 2008Raise$0.120 → $0.130+8.3%
Aug 29, 2006Raise$0.110 → $0.120+9.1%
Aug 27, 2004Raise$0.105 → $0.110+4.8%
Aug 28, 2002Raise$0.100 → $0.105+5.0%
Aug 30, 2000Raise$0.0950 → $0.100+5.3%
Aug 28, 1998Raise$0.0900 → $0.0950+5.6%
Dec 12, 1996Raise$0.0850 → $0.0900+5.9%
Dec 14, 1994Raise$0.0800 → $0.0850+6.3%
Dec 15, 1992Raise$0.0750 → $0.0800+6.7%
May 23, 1990Raise$0.0700 → $0.0750+7.1%
May 23, 1989Raise$0.0650 → $0.0700+7.7%
Dec 19, 1988Raise$0.0600 → $0.0650+8.3%
Every TNC payment →Download every raise and cut (CSV)
TNC ex-dividend date & scheduleNext ex-date Nov 30, 2026 · full ex-dividend historyView →TNC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is TNC a good dividend stock?

Yes. Tennant Company (TNC) pays a quarterly dividend yielding 1.80% ($1.30/yr), with 38 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is TNC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TNC's fair value is about $61.99 versus a $74.01 share price — so it looks overvalued (-16% vs. fair value).

Is TNC's dividend safe?

TNC has a dividend-safety grade of A (86/100), based on its payout coverage, free-cash-flow, 38-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is TNC's fair value?

Our blended fair-value estimate for TNC is about $61.99 per share, about 16% below the current $74.01 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is TNC a buy, hold, or sell?

We don't issue formal ratings, but on the data TNC screens as "yes" and overvalued. Tennant Company (TNC) pays a quarterly dividend yielding 1.80% ($1.30/yr), with 38 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will TNC cut its dividend?

TNC earns a dividend-safety grade of A (86/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does TNC pay a dividend?

Yes. Tennant Company pays a quarterly dividend of about $1.30 per share annually, a forward yield of roughly 1.80%.

What is TNC's dividend yield?

As of Nov 4, 2026, TNC's forward dividend yield is 1.80%, based on a $1.30 annual dividend and a $74.01 share price.

What is TNC's dividend per share?

As of Nov 4, 2026, TNC pays $1.30 per share per year, distributed on a quarterly basis.

What is TNC's dividend payout ratio?

As of Nov 4, 2026, TNC's payout ratio is 91% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has TNC grown its dividend?

As of Nov 4, 2026, TNC has increased its dividend for 38 consecutive years.

When is the next TNC ex-dividend date?

As of Nov 4, 2026, the next ex-dividend date on record for TNC is Nov 30, 2026.

TNC Dividend News

TNC
IncreaseTNC·Nov 4, 2026

Tennant Company Raises Dividend 4.8%, Extends 55-Year Streak

Tennant lifts its quarterly payout to $0.325, extending a 55-year record as cash conversion remains pressured by working-capital and ERP issues.

Income Calculator

At $1.30 / yr per share

Per payment (quarterly)$32.50
Annual$130.00
Monthly avg$10.83

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