Tennant: A Hidden Champion Of Autonomous Robots Pays Growing Dividends

Company Overview - Tennant (NYSE: TNC) is a manufacturer of professional cleaning equipment, established in 1870, and holds a top position in the United States while being a challenger in international markets [1] - Over the past 30 years, Tennant's shares have returned over 1300% [1] Investment Strategy - The focus is on investment ideas about companies that pay a healthy dividend while waiting for capital appreciation [1] - The goal is to identify undervalued companies based on fundamentals, peers, and historical levels, with high odds for capital appreciation driven by foreseeable catalysts [1] - The investment strategy emphasizes finding good businesses that reward shareholders in two ways: dividends and capital appreciation [1] Industry Focus - There is a particular interest in HVAC-related stocks, reflecting the analyst's previous professional involvement in that industry before transitioning to full-time investing [1]