Turning Point Brands's last quarterly cash dividend of $0.065 per share was issued to shareholders on record before Sep 14, 2023. The dividend payment stands at $0.26 per share annually, which equates to a dividend yield of 1.07%.
Turning Point Brands's dividend yield of 1.07% is below the Consumer Defensive sector average. In comparison with its Consumer Defensive sector average of 2.38%, Turning Point Brands's dividend yield is 55% lower. The current dividend yield is higher than the historical average of 0.7% of the last 5 years.
Turning Point Brands has been paying dividends for the last six years. According to our records TPB has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 9% for the last twelve months. However with the stock price up by 12% from a year ago, the dividend yield has decreased by 3.2%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Sep 14, 2023 | Oct 6, 2023 | Aug 2, 2023 | $0.065 | normal |
Jun 15, 2023 | Jul 7, 2023 | May 3, 2023 | $0.065 | normal |
Mar 16, 2023 | Apr 7, 2023 | Feb 23, 2023 | $0.065 | normal |
Dec 15, 2022 | Jan 6, 2023 | Nov 2, 2022 | $0.06 | normal |
Sep 15, 2022 | Oct 7, 2022 | Aug 3, 2022 | $0.06 | normal |
Jun 16, 2022 | Jul 8, 2022 | May 4, 2022 | $0.06 | normal |
Mar 17, 2022 | Apr 8, 2022 | Feb 22, 2022 | $0.06 | normal |
Dec 16, 2021 | Jan 7, 2022 | Nov 3, 2021 | $0.055 | normal |
Sep 16, 2021 | Oct 8, 2021 | Aug 4, 2021 | $0.055 | normal |
Jun 17, 2021 | Jul 9, 2021 | May 4, 2021 | $0.055 | normal |
Mar 18, 2021 | Apr 9, 2021 | Feb 23, 2021 | $0.055 | normal |
Dec 17, 2020 | Jan 8, 2021 | Nov 11, 2020 | $0.05 | normal |
Sep 17, 2020 | Oct 9, 2020 | Aug 25, 2020 | $0.05 | normal |
Jun 18, 2020 | Jul 10, 2020 | May 27, 2020 | $0.05 | normal |
Mar 19, 2020 | Apr 10, 2020 | Feb 25, 2020 | $0.05 | normal |
Dec 19, 2019 | Jan 10, 2020 | Oct 31, 2019 | $0.045 | normal |
Sep 19, 2019 | Oct 11, 2019 | Jul 30, 2019 | $0.045 | normal |
Jun 20, 2019 | Jul 12, 2019 | Apr 30, 2019 | $0.045 | normal |
Mar 21, 2019 | Apr 12, 2019 | Mar 4, 2019 | $0.045 | normal |
Dec 20, 2018 | Jan 11, 2019 | Nov 6, 2018 | $0.045 | normal |
Sep 20, 2018 | Oct 12, 2018 | Aug 7, 2018 | $0.04 | normal |
Jun 21, 2018 | Jul 13, 2018 | May 8, 2018 | $0.04 | normal |
Mar 23, 2018 | Apr 13, 2018 | Mar 7, 2018 | $0.04 | normal |
Nov 24, 2017 | Dec 15, 2017 | Nov 9, 2017 | $0.04 | normal |
Turning Point Brands's payout ratio of 35.9% is below the Consumer Defensive sector and the industry average. If we compare it with its Consumer Defensive sector average of 49.4%, Turning Point Brands's payout ratio is 27% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PM Philip Morris International Inc | 5.61% | $5.11 | 99.2% |
TPB Turning Point Brands Inc | 1.07% | $0.26 | 35.9% |
Yes, Turning Point Brands has been paying dividends for the last six years.
TPB has announced its next dividend with ex-date Dec 14, 2023.
Turning Point Brands's last regular dividend was on Sep 14, 2023 (ex-date) with the amount of $0.065 per share.
TPB's annualized dividend per share is $0.26.
The current dividend yield of Turning Point Brands is 1.07%.
Turning Point Brands pays four dividends per year.
The dividend payout ratio of Turning Point Brands is 35.9%.
Turning Point Brands's dividend yield is lower than the Consumer Defensive sector average.