Turning Point Brands Declares Common Stock Dividend
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: -74.5%
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LOUISVILLE, Ky.--(BUSINESS WIRE)-- The Board of Directors of Turning Point Brands, Inc. (NYSE: TPB) declared a regular quarterly dividend of $0.045 per common share. The dividend is payable on October 11, 2019, to shareholders of record on the close of business on September 20, 2019.
About Turning Point Brands, Inc.
Louisville, Kentucky-based Turning Point Brands, Inc. (NYSE: TPB) is a leading U.S. provider of Other Tobacco Products and adult consumer alternatives. TPB, through its focus brands, Stoker’s® in Smokeless products, Zig-Zag® in Smoking products and VaporBeast®, VaporFi® and Nu-X™ in NewGen products, generates solid cash flow which it uses to finance acquisitions, increase brand support and strengthen its capital structure. TPB does not sell cigarettes. More information about the company is available at its corporate website, www.turningpointbrands.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190730005970/en/
Turning Point Brands, Inc.
Robert Lavan, 502-774-9238
Chief Financial Officer
[email protected]
Source: Turning Point Brands, Inc.
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