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Tennant Dividend Holds Steady at 1.65 Percent Yield as Institutions Adjust Positions

By DripInvesting Editor

Published on

  • Tennant’s dividend yield stands at 1.65 percent with a long record of steady growth.
  • Institutional activity shows mixed movement but overall support remains strong at more than 93 percent ownership.
  • The stock trades near its 52 week lows, which may appeal to value driven income investors focused on TNC dividends.

Ex Dividend Overview Stable Payout and Modest Yield

Tennant traded ex dividend on 28 November, consistent with the report noting it will trade ex-dividend on 11/28/25. The quarterly dividend remains at 0.295 dollars per share.

This represents an annualized 1.18 dollars and a forward yield of 1.65 percent based on a 71.72 dollar share price. The yield is modest, but Tennant has delivered steady dividend growth with a five year CAGR of 6 percent.

The payout ratio of 42 percent provides room for continued increases. For investors seeking durable industrial sector income, Tennant continues to show reliability in its TNC dividends profile.

Institutional Flows Mixed but Constructive

Institutional activity was active this week, offering insight into sentiment surrounding Tennant. Some funds trimmed exposure, including Intech Investment Management, which reduced its position.

Prudential also lowered its stake, as filings showed it has reduced its holdings. These reductions reflect some caution following recent earnings pressure.

However, several buyers stepped in. Creative Planning purchased 9,256 shares, while SG Americas added 4,831 shares, expanding institutional participation. Ceredex Value Advisors made a larger move by increasing its position by 15 percent.

The overall effect shows mixed movement but a slight lean toward accumulation. With more than 93 percent of shares held by institutions, this level of engagement often helps support valuation stability.

Fundamentals Stock Near Lows and Dividend Growing

Tennant shares trade near the low end of their 52 week range of 67 to 93 dollars. This may appeal to value oriented dividend investors seeking opportunities to accumulate TNC dividends at attractive levels.

A recent earnings miss and a 4 percent revenue decline pressured the stock, yet the company still raised its dividend. This underscores resilience in cash flow management.

Cash flow per share of 4.87 dollars and a current ratio of 2.13 indicate financial flexibility. Tennant’s long operating history and recurring service and consumables revenue continue to support its multi decade dividend track record.

Actionable Takeaways for Dividend Investors

Tennant offers modest yield but consistent dividend growth potential. The stock’s pullback could offer an appealing entry point for long term income investors.

The next dividend is scheduled for payment on 15 December following the 28 November ex dividend date. Investors should monitor margins and demand recovery to gauge future dividend growth strength.

Tennant remains a durable dividend compounder backed by strong institutional ownership and disciplined cash management. For patient income investors using DRIP strategies, the recent ex dividend activity may reinforce Tennant’s appeal as a stable industrial income holding.

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