Turning Point Brands Increases Common Stock Dividend
Turning Point Brands Increases Common Stock Dividend
The Board of Directors of Turning Point Brands (NYSE: TPB) announced a quarterly dividend of $0.06 per share, marking a 9% increase from the previous dividend.
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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 $0.06 per common share. This is a 9% increase over the regular quarterly dividend declared in November 2021. The dividend is payable on April 8, 2022, to shareholders of record on the close of business on March 18, 2022.
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, and its emerging brands within the NewGen segment. TPB’s products are available in more than 210,000 retail outlets in North America, and on sites such as www.zigzag.com, www.nu-x.com and www.solacevapor.com. For the latest news and information about TPB and its brands, please visit www.turningpointbrands.com.
