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Featured MNV Articles:
| TNC Ex-Dividend Reminder - 8/29/11By Dividend Channel Staff, Thursday, August 25, 10:43 AM ET
On 8/29/11, Tennant Co. (NYSE:TNC) will trade ex-dividend, for its quarterly dividend of $0.17, payable on 9/15/11. As a percentage of TNC's recent stock price of $39.79, this dividend works out to approximately 0.43%. Below is a dividend history chart for TNC, showing historical dividends prior to the most recent $0.17 declared by Tennant Co.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TNC is likely to continue, and whether the current estimated yield of 1.71% on annualized basis is a reasonable expectation of annual yield going forward.
TNC operates in the Industrial Machinery & Equipment sector, among companies like Clarcor Inc. (NYSE:CLC) which is off about 1.1% today, and Valmont Industries, Inc. (NYSE:VMI) trading lower by about 1.4%. Below is a three month price history chart comparing the stock performance of TNC, versus CLC and VMI.
In Thursday trading, Tennant Co. shares are currently down about 2.8% on the day. Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO'' The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
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