Turning Point Brands Declares Common Stock Dividend

Rhea-AI Summary

The Board of Directors of Turning Point Brands, Inc. (TPB) declared a quarterly dividend of $0.055 per common share, payable on October 8, 2021, to shareholders of record by September 17, 2021. TPB is known for its branded consumer products, including alternative smoking accessories and consumables, with offerings like Zig-Zag® and Stoker’s®. The company serves over 210,000 retail outlets across North America.

Positive

• Regular quarterly dividend of $0.055 indicates stable cash flow for shareholders.
• Strong market presence with products available in over 210,000 retail outlets.

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 October 8, 2021, to shareholders of record on the close of business on September 17, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210804005859/en/

FAQ

What is the dividend amount for TPB declared in October 2021?

Turning Point Brands declared a quarterly dividend of $0.055 per common share.

When is the TPB dividend payable?

The dividend is payable on October 8, 2021.

What is the record date for TPB's dividend payment?

Shareholders of record must own shares by the close of business on September 17, 2021.

How often does TPB pay dividends?

Turning Point Brands pays dividends quarterly.

What products does Turning Point Brands offer?

TPB offers alternative smoking accessories and consumables under brands like Zig-Zag® and Stoker’s®.