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Ex-Dividend Reminder: Tennant, Crane and Dover

By Dividend Channel Staff, Monday, November 27, 11:06 AM ET
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On 11/29/23, Tennant Co. (NYSE:TNC), Crane Co (NYSE:CR), and Dover Corp (NYSE:DOV) will all trade ex-dividend for their respective upcoming dividends. Tennant Co. will pay its quarterly dividend of $0.28 on 12/15/23, Crane Co will pay its quarterly dividend of $0.18 on 12/13/23, and Dover Corp will pay its quarterly dividend of $0.51 on 12/15/23.

As a percentage of TNC's recent stock price of $88.04, this dividend works out to approximately 0.32%, so look for shares of Tennant Co. to trade 0.32% lower — all else being equal — when TNC shares open for trading on 11/29/23. Similarly, investors should look for CR to open 0.17% lower in price and for DOV to open 0.37% lower, all else being equal.

Below are dividend history charts for TNC, CR, and DOV, showing historical dividends prior to the most recent ones declared.

Tennant Co. (NYSE:TNC):

Crane Co (NYSE:CR):

Dover Corp (NYSE:DOV):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.27% for Tennant Co., 0.66% for Crane Co, and 1.46% for Dover Corp.


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In Monday trading, Tennant Co. shares are currently up about 0.7%, Crane Co shares are up about 1.2%, and Dover Corp shares are up about 0.8% on the day.


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