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Turning Point Brands Increases Common Stock Dividend

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Turning Point Brands (NYSE: TPB), a manufacturer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients, has announced a dividend increase. The company's Board of Directors declared a regular quarterly dividend of $0.075 per common share, representing a 7% increase from the previous quarter's dividend declared in November 2024.

The dividend will be payable on April 11, 2025, to shareholders of record at the close of business on March 21, 2025.

Turning Point Brands (NYSE: TPB), un produttore e distributore di prodotti di consumo di marca, tra cui accessori per il fumo alternativi e consumabili con ingredienti attivi, ha annunciato un aumento del dividendo. Il Consiglio di Amministrazione dell'azienda ha dichiarato un dividendo trimestrale regolare di $0.075 per azione comune, che rappresenta un incremento del 7% rispetto al dividendo del trimestre precedente dichiarato a novembre 2024.

Il dividendo sarà pagabile il 11 aprile 2025, agli azionisti registrati alla chiusura degli affari del 21 marzo 2025.

Turning Point Brands (NYSE: TPB), un fabricante y distribuidor de productos de consumo de marca, incluidos accesorios para fumar alternativos y consumibles con ingredientes activos, ha anunciado un aumento en el dividendo. La Junta Directiva de la empresa declaró un dividendo trimestral regular de $0.075 por acción ordinaria, lo que representa un aumento del 7% con respecto al dividendo del trimestre anterior declarado en noviembre de 2024.

El dividendo será pagadero el 11 de abril de 2025, a los accionistas registrados al cierre de operaciones del 21 de marzo de 2025.

Turning Point Brands (NYSE: TPB)는 대체 흡연 액세서리 및 활성 성분이 포함된 소비재를 포함한 브랜드 소비재의 제조업체이자 유통업체로서 배당금 인상을 발표했습니다. 회사의 이사회는 보통주 1주당 $0.075의 정기 분기 배당금을 선언했으며, 이는 2024년 11월에 선언된 이전 분기 배당금에 비해 7% 증가한 것입니다.

배당금은 2025년 4월 11일에 지급되며, 2025년 3월 21일 영업 종료 시점에 주주로 등록된 사람들에게 지급됩니다.

Turning Point Brands (NYSE: TPB), un fabricant et distributeur de produits de consommation de marque, y compris des accessoires de fumeur alternatifs et des consommables contenant des ingrédients actifs, a annoncé une augmentation de son dividende. Le Conseil d'Administration de l'entreprise a déclaré un dividende trimestriel régulier de 0,075 $ par action ordinaire, représentant une augmentation de 7% par rapport au dividende du trimestre précédent déclaré en novembre 2024.

Le dividende sera payable le 11 avril 2025, aux actionnaires inscrits à la clôture des affaires le 21 mars 2025.

Turning Point Brands (NYSE: TPB), ein Hersteller und Distributor von Markenprodukten, einschließlich alternativer Rauchzubehör und Verbrauchsmaterialien mit aktiven Inhaltsstoffen, hat eine Erhöhung der Dividende angekündigt. Der Verwaltungsrat des Unternehmens hat eine reguläre vierteljährliche Dividende von 0,075 $ pro Stammaktie erklärt, was eine Erhöhung um 7% im Vergleich zur Dividende des vorherigen Quartals darstellt, die im November 2024 erklärt wurde.

Die Dividende wird am 11. April 2025 an die Aktionäre ausgezahlt, die zum Ende des Geschäftstags am 21. März 2025 registriert sind.

Positive
  • 7% dividend increase shows financial strength
  • Continued commitment to shareholder returns
  • Regular quarterly dividend maintained
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 $0.075 per common share. This is a 7% increase over the regular quarter dividend declared in November 2024. The dividend is payable on April 11, 2025, to shareholders of record on the close of business on March 21, 2025.

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 220,000 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.

ir@tpbi.com

Source: Turning Point Brands, Inc.

FAQ

What is the new quarterly dividend amount for Turning Point Brands (TPB)?

TPB's new quarterly dividend is $0.075 per common share.

When is the ex-dividend date for TPB's latest dividend payment?

Shareholders must be on record by March 21, 2025, with payment scheduled for April 11, 2025.

How much did TPB increase its dividend compared to the previous quarter?

TPB increased its quarterly dividend by 7% compared to November 2024.

What is the annual dividend yield for TPB based on the new quarterly payment?

The annual dividend payment would be $0.30 per share ($0.075 × 4 quarters).

Turning Pt Brands Inc

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Tobacco
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United States
LOUISVILLE