Turning Point Brands (TPB) Dividends
Market Cap: $1.03B
Avg Volume: 225.46K
Industry: Tobacco
Sector: Consumer Defensive
Dividend Overview
Turning Point Brands (TPB) pays a quarterly dividend to its shareholders. The current dividend yield is 0.49%, which means that for every $100 invested at the current price, investors would receive approximately $0.49 in dividends per year (this can change based on future dividend payments and price movements).
About TPB's Dividend
Turning Point Brands pays a quarterly dividend of $0.07 per share, which totals $0.29 annually. This means that for each share you own, you'll receive $0.29 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was March 21, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Turning Point Brands's payout ratio is 0.12% which means that 0.12% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Turning Point Brands's dividend has decreased by -0.09% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
TPB Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.075 | 0.49% | March 21, 2025 | March 21, 2025 | April 11, 2025 | February 26, 2025 |
| $0.07 | 0.47% | December 20, 2024 | December 20, 2024 | January 10, 2025 | November 06, 2024 |
| $0.07 | 0.70% | September 13, 2024 | September 13, 2024 | October 04, 2024 | July 31, 2024 |
| $0.07 | 0.88% | June 14, 2024 | June 14, 2024 | July 05, 2024 | May 01, 2024 |
| $0.07 | 0.91% | March 21, 2024 | March 22, 2024 | April 12, 2024 | February 28, 2024 |
| $0.065 | 1.05% | December 14, 2023 | December 15, 2023 | January 05, 2024 | November 01, 2023 |
| $0.065 | 1.03% | September 14, 2023 | September 15, 2023 | October 06, 2023 | August 02, 2023 |
| $0.065 | 1.09% | June 15, 2023 | June 16, 2023 | July 07, 2023 | May 03, 2023 |
| $0.065 | 1.20% | March 16, 2023 | March 17, 2023 | April 07, 2023 | February 23, 2023 |
| $0.06 | 1.19% | December 15, 2022 | December 16, 2022 | January 06, 2023 | November 02, 2022 |
| $0.06 | 1.02% | September 15, 2022 | September 16, 2022 | October 07, 2022 | August 03, 2022 |
| $0.06 | 0.85% | June 16, 2022 | June 17, 2022 | July 08, 2022 | May 04, 2022 |
| $0.06 | 0.70% | March 17, 2022 | March 18, 2022 | April 08, 2022 | February 22, 2022 |
| $0.055 | 0.61% | December 16, 2021 | December 17, 2021 | January 07, 2022 | November 03, 2021 |
| $0.055 | 0.44% | September 16, 2021 | September 17, 2021 | October 08, 2021 | August 04, 2021 |
| $0.055 | 0.49% | June 17, 2021 | June 18, 2021 | July 09, 2021 | May 04, 2021 |
| $0.055 | 0.40% | March 18, 2021 | March 19, 2021 | April 09, 2021 | February 23, 2021 |
| $0.05 | 0.46% | December 17, 2020 | December 18, 2020 | January 08, 2021 | November 11, 2020 |
| $0.05 | 0.64% | September 17, 2020 | September 18, 2020 | October 09, 2020 | August 25, 2020 |
| $0.05 | 0.76% | June 18, 2020 | June 19, 2020 | July 10, 2020 | May 27, 2020 |
| $0.05 | 1.07% | March 19, 2020 | March 20, 2020 | April 10, 2020 | February 25, 2020 |
| $0.045 | 0.68% | December 19, 2019 | December 20, 2019 | January 10, 2020 | October 31, 2019 |
| $0.045 | 0.75% | September 19, 2019 | September 20, 2019 | October 11, 2019 | July 30, 2019 |
| $0.045 | 0.35% | June 20, 2019 | June 21, 2019 | July 12, 2019 | April 30, 2019 |
| $0.045 | 0.36% | March 21, 2019 | March 22, 2019 | April 12, 2019 | March 04, 2019 |
| $0.045 | 0.59% | December 20, 2018 | December 21, 2018 | January 11, 2019 | November 06, 2018 |
| $0.04 | 0.28% | September 20, 2018 | September 21, 2018 | October 12, 2018 | August 07, 2018 |
| $0.04 | 0.25% | June 21, 2018 | June 22, 2018 | July 13, 2018 | May 08, 2018 |
| $0.04 | 0.20% | March 23, 2018 | March 26, 2018 | April 13, 2018 | March 07, 2018 |
| $0.04 | 0.23% | November 24, 2017 | November 27, 2017 | December 15, 2017 | November 09, 2017 |
Dividend Growth
Turning Point Brands (TPB) dividend payments have decreased -9.07% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for TPB
- Dividend Payout Ratio: 0.12% Low risk
- Dividend & Capex Coverage Ratio: 7.04x Strong coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: -0.09% Negative
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Turning Point Brands's payout ratio is 0.12% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 7.04x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates Turning Point Brands can comfortably cover its dividends and necessary investments from its operating cash flow.
Turning Point Brands's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
Turning Point Brands's dividend growth rate of -0.09% is negative, which may signal financial challenges or a shift in capital allocation priorities.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.