Tennant declares cash dividend
MINNEAPOLIS, Minn. -- The Tennant Company (NYSE: TNC) directors this month declared a regular cash dividend of 20 cents per share payable Sept. 14, to shareholders of record Aug. 31, 2001.
There are approximately nine million shares of common stock currently outstanding.
In July, Tennant reported net earnings of $4.9 million, or 53-cents per diluted share, before unusual charges, on net sales of $110.7 million for the quarter ended June 30, 2001. In the comparable 2000 period, the company reported net earnings of $7.6 million, or 83-cents per diluted share, on net sales of $115.1 million.
Tennant is a manufacturer of nonresidential floor maintenance and outdoor cleaning equipment, floor coatings and related offerings. For more information about Tennant, visit http://www.tennantco.com.