Turning Point Brands, Inc. (TPB) Dividends
Dividend Yield and Dividend History Highlights
- TPB has issued more total dividends (as measured in absolute US dollars) over the past six years than 8.4% of other US stocks currently paying dividends.
- In terms trailing twelve months of dividends issued, TPB has returned $3,874,000 US dollars -- more than just 11.98% of public US dividend stocks.
- TPB's free cash flow has been growing at a compound average annual rate of 49.79% over the past 5.25 years -- higher than 88.48% of current US-listed dividend stocks.
- As for stocks whose price is uncorrelated with TPB's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: CWEN, MGEE, GLOP, MDRR and TMO.
TPB Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $22.11 | $10.18 | -68.01% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Turning Point Brands Inc, the dividend discount model StockNews created for the company implies a negative return of 68.01%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Turning Point Brands Inc are:
- In comparison to stocks we observe that provide shareholders with a dividend, TPB offers a dividend yield in the bottom 0.75% of its fellow sector mates.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Consumer Defensive sector, the expected return of -68.01%, based on the stock's current share price and target price based on a dividend discount model, is greater than 7.14% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, Turning Point Brands Inc bears a discount rate, according to our calculations, lower than 7.14% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- As other dividend issuers in the Consumer Defensive sector, Turning Point Brands Inc has an equity discount rate lower than 28.57% of them.
TPB Dividend Chart
TPB Dividend History
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TPB Dividends vs. Peers
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | KAVL | Kaival Brands Innovations Group Inc. | 0.00% |
| 2 | PM | Philip Morris International Inc. | 0.00% |
| 3 | IMBBY | Imperial Brands PLC ADR | 0.00% |
| 4 | MO | Altria Group, Inc. | 0.00% |
| 5 | PLNHF | Planet 13 Holdings Inc. | 0.00% |
| 6 | JAPAY | Japan Tobacco Inc. ADR | 0.00% |
| 7 | PYX | Pyxus International, Inc. | 0.00% |
| 8 | GNLN | Greenlane Holdings, Inc. - | 0.00% |
| 9 | RAI | Reynolds American Inc | 0.00% |
| 10 | BTI | British American Tobacco PLC ADR | 0.00% |
| 11 | TPB | Turning Point Brands, Inc. | 0.00% |
| 12 | UVV | Universal Corporation | 0.00% |
| 13 | ISPR | Ispire Technology Inc. | 0.00% |
| 14 | VGR | Vector Group Ltd. | 0.00% |
Looking for More Information on TPB dividends?
Want to see what other sources are saying about Turning Point Brands Inc's dividends? Try the links below:Turning Point Brands Inc Common Stock (TPB) Dividend History | Nasdaq
Dividend History for Turning Point Brands Inc (TPB) - Dividend Investor
Turning Point Brands Inc (TPB) Dividend History - Seeking Alpha