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SMALL BUSINESS
Tennant Company Increases Quarterly Cash Dividend
Business Wire
The Board of Directors of Tennant Company (NYSE: TNC) today declared a
regular quarterly cash dividend of 14 cents per share payable
December 15, 2009, to shareholders of record November 30, 2009. This
represents an increase of 8 percent from the previous quarterly dividend
and will result in a 2 percent increase to the annual dividend payout
for the year 2009 and a 6 percent increase to the annual dividend payout
for the year 2010. The company has increased its annual cash dividend
payout for 38 consecutive years.
Company Profile
Minneapolis-based Tennant Company (NYSE: TNC) is a world leader in
designing, manufacturing and marketing solutions that help create a
cleaner, safer world. Its products include equipment for maintaining
surfaces in industrial, commercial and outdoor environments; and
specialty surface coatings for protecting, repairing and upgrading
concrete floors. Tennant's global field service network is the most
extensive in the industry. Tennant has manufacturing operations in
Minneapolis, Minn.; Holland, Mich.; Uden, The Netherlands; the United
Kingdom; São Paulo, Brazil; and Shanghai, China; and sells products
directly in 15 countries and through distributors in more than 80
countries. For more information, visit
www.tennantco.com.
Copyright Business Wire 2009
2009-11-10 16:30:00
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