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Turning Point Brands Declares Common Stock Dividend

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dividends
Rhea-AI Summary

Turning Point Brands, Inc. (NYSE: TPB) has declared a quarterly dividend of $0.055 per common share, payable on July 9, 2021. Shareholders on record as of the close of business on June 18, 2021 will receive this dividend. TPB specializes in branded consumer products including alternative smoking accessories and consumables, with its products available in over 210,000 retail outlets across North America. The company is recognized for its core brands such as Zig-Zag and Stoker’s.

Positive
  • Quarterly dividend of $0.055 per share increases shareholder income.
  • Products available in over 210,000 retail outlets indicates strong market presence.
Negative
  • None.

The Board of Directors of Turning Point Brands, Inc. (“TPB”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients, declared a regular quarterly dividend of $0.055 per common share. The dividend is payable on July 9, 2021, to shareholders of record on the close of business on June 18, 2021.

About Turning Point Brands, Inc.

Turning Point Brands (NYSE: TPB) is a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients through its iconic core brands Zig-Zag® and Stoker’s®, and its emerging brands within the NewGen segment. TPB’s products are available in more than 210,000 retail outlets in North America in addition to sites such as www.zigzag.com, www.nu-x.com and www.solacevapor.com. For the latest news and information about TPB and its brands, please visit www.turningpointbrands.com.

FAQ

What is the dividend amount declared by TPB?

The dividend amount declared by Turning Point Brands is $0.055 per common share.

When will TPB pay the declared dividend?

The dividend will be payable on July 9, 2021.

What is the record date for the TPB dividend?

The record date for the TPB dividend is June 18, 2021.

How often does TPB declare dividends?

TPB declares dividends quarterly.

What are the key brands of TPB?

TPB's key brands include Zig-Zag and Stoker's.

Turning Point Brands, Inc.

NYSE:TPB

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TPB Stock Data

1.10B
16.88M
4.58%
83.39%
0.59%
Tobacco
Tobacco Products
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United States of America
LOUISVILLE