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 $0.04 per common share. The dividend is payable on October 12, 2018, to shareholders of record on the close of business on September 21, 2018.
About Turning Point Brands, Inc.
Louisville, Kentucky-based Turning Point Brands, Inc. (NYSE: TPB) is a leading U.S. provider of Other Tobacco Products. TPB, through its three focus brands, Stoker’s® in Smokeless Products, Zig-Zag® in Smoking Products and the VaporBeast® distribution engine 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 TPB is available from its corporate website, http://www.turningpointbrands.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180807005850/en/
Turning Point Brands, Inc.
Robert Lavan, 502-774-9238
Chief
Financial Officer
[email protected]
Source: Turning Point Brands, Inc.
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