Turning Point Brands Declares Common Stock Dividend
The Board of Directors of Turning Point Brands, Inc. (“TPB”) (NYSE: TPB), a leading provider of Other Tobacco Products (“OTP”) and adult consumer alternatives, declared a regular quarterly dividend of $0.05 per common share. The dividend is payable on October 9, 2020, to shareholders of record on the close of business on September 18, 2020.
About Turning Point Brands, Inc.
Louisville, Kentucky-based Turning Point Brands, Inc. (NYSE: TPB) is a leading U.S. provider of Other Tobacco Products and adult consumer alternatives. TPB, through its focus brands generates solid cash flow which it uses to finance acquisitions, increase brand support and strengthen its capital structure. TPB does not sell cigarettes. More information about the company is available at its corporate website, www.turningpointbrands.com.
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Turning Point Brands Inc Stock
Currently there is a rather positive sentiment for Turning Point Brands Inc with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 41 € shows a slightly positive potential of 18.5% compared to the current price of 34.6 € for Turning Point Brands Inc.
