Turning Point Brands declares quarterly dividend of $0.075 per share

Published 06/08/2025, 21:26
Turning Point Brands declares quarterly dividend of $0.075 per share

LOUISVILLE - Turning Point Brands, Inc. (NYSE:TPB) announced Wednesday that its Board of Directors has declared a regular quarterly dividend of $0.075 per common share. The dividend will be payable on October 10, 2025, to shareholders of record as of the close of business on September 19, 2025. According to InvestingPro data, TPB has consistently raised its dividend for eight consecutive years, demonstrating its commitment to shareholder returns.

Turning Point Brands manufactures, markets and distributes branded consumer products, specializing in alternative smoking accessories and consumables with active ingredients. The company’s portfolio includes brands such as Zig-Zag, Stoker’s, FRE, and ALP. The company maintains impressive gross profit margins of over 55% and operates with strong liquidity, as indicated by its current ratio of 4.42. InvestingPro analysis reveals 14 additional key insights about TPB’s financial health and growth prospects.

According to the company’s press release statement, TPB’s products are available in more than 220,000 retail outlets across North America, as well as through various brand websites.

The quarterly dividend announcement represents a continuation of the company’s shareholder return program. Turning Point Brands trades on the New York Stock Exchange under the ticker symbol TPB.

In other recent news, Turning Point Brands Inc. reported its Q2 2025 earnings, significantly surpassing analyst expectations. The company achieved an earnings per share (EPS) of $0.98, well above the projected $0.73. Additionally, Turning Point Brands reported revenue of $116.6 million, exceeding the anticipated $107.3 million. These results reflect a strong performance and indicate positive momentum for the company. Analysts had predicted lower figures, but the company’s actual results demonstrated better-than-expected financial health. The earnings call highlighted Turning Point Brands’ strategic direction, which seems to have resonated well with investors. This development marks a notable achievement for the company in the recent quarter.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.