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: |
| $28.24 | $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 History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-03-21 | Dividend | $0.07 | +7.69% |
| 2023-12-14 | Dividend | $0.07 | -- |
| 2023-09-14 | Dividend | $0.07 | -- |
| 2023-06-15 | Dividend | $0.07 | -- |
| 2023-03-16 | Dividend | $0.07 | +8.33% |
| 2022-12-15 | Dividend | $0.06 | -- |
| 2022-09-15 | Dividend | $0.06 | -- |
| 2022-06-16 | Dividend | $0.06 | -- |
| 2022-03-17 | Dividend | $0.06 | +9.09% |
| 2021-12-16 | Dividend | $0.06 | -- |
| 2021-09-16 | Dividend | $0.06 | -- |
| 2021-06-17 | Dividend | $0.06 | -- |
| 2021-03-18 | Dividend | $0.06 | +10.00% |
| 2020-12-17 | Dividend | $0.05 | -- |
| 2020-09-17 | Dividend | $0.05 | -- |
| 2020-06-18 | Dividend | $0.05 | -- |
| 2020-03-19 | Dividend | $0.05 | +11.11% |
| 2019-12-19 | Dividend | $0.05 | -- |
| 2019-09-19 | Dividend | $0.05 | -- |
| 2019-06-20 | Dividend | $0.05 | -- |
| 2019-03-21 | Dividend | $0.05 | -- |
| 2018-12-20 | Dividend | $0.05 | +12.50% |
| 2018-09-20 | Dividend | $0.04 | -- |
| 2018-06-21 | Dividend | $0.04 | -- |
| 2018-03-23 | Dividend | $0.04 | -- |
| 2017-11-24 | Dividend | $0.04 | -- |
TPB Dividends vs. Peers
TPB's dividend yield currently ranks #11 of 14 vs. its peers in the Tobacco category.
| 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