Turning Point Brands, Inc. (TPB) Declares $0.04 Quarterly Dividend; 0.8% Yield
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Turning Point Brands' Board Declares Quarterly Cash Dividend
March 7, 2018 10:32 AM ESTLOUISVILLE, Ky.--(BUSINESS WIRE)-- Turning Point Brands, Inc. (NYSE: TPB), a leading provider of Other Tobacco Products (OTP), today announced that its board of directors has declared a quarterly cash dividend of $0.04Â per common share.
Shareholders of record at the close of business on March 26, 2018 are entitled to receive the dividend. It is payable on April 13, 2018.
President and Chief Executive Officer Larry Wexler said, "This is Turning Point Brands' second quarterly dividend and reflects our boards continued confidence in the companys strong cash flow generation capability."
About Turning Point Brands, Inc.
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