Turning Point Brands Declares Common Stock Dividend

Rhea-AI Summary

Turning Point Brands, Inc. declared a regular quarterly dividend of $0.07 per common share, payable on July 5, 2024, to shareholders of record on June 14, 2024.

Positive

• Regular quarterly dividend payment signals financial stability and commitment to shareholders.

Negative

• None.

LOUISVILLE, Ky.--(BUSINESS WIRE)-- 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 $0.07 per common share. The dividend is payable on July 5, 2024, to shareholders of record on the close of business on June 14, 2024.

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 Zig-Zag® and Stoker’s® brands. TPB’s products are available in more than 215,000 retail outlets in North America, and on sites such as www.zigzag.com. For the latest news and information about TPB and its brands, please visit www.turningpointbrands.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240501738562/en/

ir@tpbi.com

Source: Turning Point Brands, Inc.

FAQ

When is Turning Point Brands' dividend payable?

The dividend is payable on July 5, 2024.

How much is Turning Point Brands' quarterly dividend per common share?

The quarterly dividend is $0.07 per common share.

Who are eligible for Turning Point Brands' dividend?

Shareholders of record on June 14, 2024, are eligible for the dividend.