Tennant Dividends and Buybacks
Dividend criteria checks 4/6
Tennant is a dividend paying company with a current yield of 1.33% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
1.3%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | 1.0% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | €1.180 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TN1's dividends per share have been stable in the past 10 years.
Growing Dividend: TN1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tennant Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TN1) | 1.3% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Machinery) | 3.6% |
| Analyst forecast (TN1) (up to 3 years) | 1.4% |
Notable Dividend: TN1's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: TN1's dividend (1.33%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.4%), TN1's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.2%), TN1's dividend payments are well covered by cash flows.