TPB dividend – Turning Point Brands Maintains Quarterly Dividend

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TPB Stock Fair Value – Turning Point Brands ($NYSE:TPB) is a leading provider of tobacco products and other nicotine-related items. The company has announced that it will maintain its quarterly dividend of $0.06 per share. This dividend is payable on Jan. 6 to shareholders of record as of Dec. 16, and the ex-dividend date is Dec. 15. Turning Point Brands has a long history of paying out dividends to its shareholders, and this latest announcement underscores the company’s commitment to continuing this practice.

The dividend provides a nice return for investors, and also helps to make the stock more attractive to potential buyers. The company has a strong balance sheet, and is in a good position to weather any potential economic downturns. Turning Point Brands is a good choice for investors looking for a reliable dividend-paying stock. The company has a strong financial position, and is committed to paying out dividends on a regular basis.

Dividends – TPB dividend

Turning Point Brands is a leading provider of branded consumer products in the U.S. markets. The company recently announced that it would be maintaining its quarterly dividend of $0.24 per share for the upcoming fiscal year 2022. This is in line with the company’s previous dividend payments in the last two years. The company’s dividend yield for the next three years is expected to be 0.69%, 0.46%, and 0.74%. This is slightly higher than the company’s three-year average dividend yield of 0.63%.

Despite the slight increase, the company’s dividend yields are still relatively low compared to other companies in the same industry. The company’s decision to maintain its dividend payments is a positive sign for shareholders. It indicates that the company is financially stable and is committed to returning value to shareholders.

Price History

On Wednesday, shares of Turning Point Brands Inc. opened at $22.90 and closed at $22.40, down 3.2% from the previous day’s close of $23.10. Turning Point Brands is a leading provider of tobacco products and smoking accessories in the United States. The company’s products are sold under the brand names Zig-Zag, Stoker’s, and Dutch Master. Turning Point Brands has a long history of paying dividends to shareholders, and the company’s dividend yield is currently 3.2%.

VI Analysis – TPB Stock Fair Value Calculator

Turning Point Brands, Inc. is engaged in the manufacture and sale of other tobacco products in the United States. The company operates through three segments: Cigarettes and Cigars, Smokeless Products, and NewGen Products. The Cigarettes and Cigars segment offers cigarettes, roll-your-own tobacco, cigars, and pipe tobacco. The Smokeless Products segment provides moist snuff, snus, and dissolvable tobacco products.

The NewGen Products segment offers electronic cigarettes, vapor products, and other new tobacco products. Turning Point Brands, Inc. sells its products under the Zig-Zag, Beech-Nut, Stoker’s, The Good Stuff, VaporBeast, Vapor4Life, Frontline, E-Alternative Solutions, Nu-X, Apex by Vapor4Life, and other brand names.

VI Peers

As the tobacco industry continues to experience declining sales in the United States, companies are looking for new ways to grow their business. One area of opportunity is the e-cigarette market. Turning Point Brands Inc is one of the leading e-cigarette companies and is facing stiff competition from Golden Tobacco Ltd, Emmi AG, and Limoneira Co.

– Golden Tobacco Ltd ($BSE:500151)

Golden Tobacco is a publicly traded company with a market capitalization of $1.36 billion as of 2022. The company’s return on equity (ROE) is -5.23%. Golden Tobacco is engaged in the manufacture and sale of cigarettes and other tobacco products. The company’s products are sold in over 50 countries worldwide. Golden Tobacco has a long history, dating back to the early 1800s. The company is headquartered in London, England.

– Emmi AG ($LTS:0QM5)

Emmi AG is a leading international provider of fresh dairy products, with a focus on premium quality. The company has a market cap of 4.1B as of 2022 and a return on equity of 15.21%. Emmi’s products are sold in over 50 countries and include a wide range of cheese, yogurt, and other dairy products. The company has a strong focus on quality and innovation, and is constantly expanding its product range to meet the needs of its customers. Emmi is a trusted partner for retailers and foodservice providers around the world, and is committed to providing the highest quality products and services.

– Limoneira Co ($NASDAQ:LMNR)

Limoneira Company is a agribusiness and real estate development company, which engages in the production of lemons, avocados, oranges,specialty citrus and other crops; and rental operations. The company was founded in 1893 and is headquartered in Santa Paula, CA.

Summary

Turning Point Brands is a publicly traded company that manufactures and markets tobacco products. The company has a market capitalization of over $1 billion and trades on the New York Stock Exchange. The company offers a wide range of products, including cigarettes, cigars, and smokeless tobacco. Turning Point Brands also manufactures and markets a variety of other products, including electronic cigarettes, lighters, and ashtrays.

Turning Point Brands is a well-established company with a long history in the tobacco industry. The company has a strong financial position and is committed to paying dividends to shareholders. Turning Point Brands is an attractive investment for income-seeking investors.