1 Magnificent Dividend King Down 25% to Buy Right Now Near a Once-in-a-Decade Valuation
Tennant(TNC) The Motley Fool·2024-09-24 19:05
This Dividend King looks ready to restart its growth story. Tennant (TNC 1.46%) is the global leader in manufacturing mechanized cleaning equipment, such as scrubbers, sweepers, pressure washers, vacuums, and autonomous mobile robots. Since the turn of the century, Tennant has delivered total returns of over 700%, exceeding the S&P 500's mark of roughly 500% over the same time. This outperformance occurred in spite of the company's recent 25% share price drop from its 2024 highs. Following this drop, Tennan ...