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NEW YORK ( TheStreet) -- The ex-dividend date for Tennant Company (NYSE: TNC) is Tuesday, May 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $42.41 as of 9:30 a.m. ET, the dividend yield is 1.6%. The average volume for Tennant has been 123,600 shares per day over the past 30 days. Tennant has a market cap of $792.7 million and is part of the industrial goods sector and industrial industry. Shares are up 8.6% year to date as of the close of trading on Thursday. Tennant Company engages in the design, manufacture, and marketing cleaning solutions worldwide. The company has a P/E ratio of 25.6, above the average industrial industry P/E ratio of 25.2 and above the S&P 500 P/E ratio of 17.7.