SmarterDividends
TPB

Turning Point Brands, Inc.

TPB

Consumer Defensive · Tobacco · Stock · quarterly payer

$62.65

Fairly valued · +10% Add to Portfolio

Forward Yield

0.51%

Annual Dividend

$0.32

Payout Ratio

13%

5-Yr Growth

8.4%

Ex-Date

Sep 18, 2026

Frequency

Quarterly

Key facts about TPB's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Turning Point Brands, Inc. (TPB) has a forward dividend yield of 0.51%, based on an annual dividend of $0.32 per share and a share price of $62.65.
  • As of Oct 18, 2026, TPB's dividend safety grade from SmarterDividends is A (83 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Turning Point Brands, Inc. (TPB) has raised its dividend for 8 consecutive years as of Oct 18, 2026.
  • TPB has never cut its regular dividend in the payment history SmarterDividends has on record.
  • TPB's most recent ex-dividend date was Sep 18, 2026, for a dividend of $0.0800 per share.
  • As of Oct 18, 2026, TPB pays out 13% of its trailing 12-month earnings as dividends (its payout ratio).
  • TPB's dividend has grown at an average rate of 8.4% a year over the past five years.
  • As of Oct 18, 2026, TPB's 0.51% yield is 29% below its five-year average yield of 0.72%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for TPB is $68.61 per share, 10% above the $62.65 share price, so TPB screens as fairly valued.
  • Turning Point Brands, Inc. (TPB) pays its dividend quarterly, 4 times a year.
  • Turning Point Brands, Inc. (TPB) has raised its regular dividend 8 times and cut it 0 times across the 36 payments on record since 2017. Its most recent change was a 6.7% increase to $0.0800 per share, going ex-dividend on Mar 20, 2026.
Cite this page

SmarterDividends, "TPB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/TPB

Summary

As of Oct 18, 2026, Turning Point Brands, Inc. (TPB) yields 0.51% ($0.32 a year per share), has a dividend safety grade of A (83/100) and has 8 consecutive years of dividend increases on record.

Is TPB a good dividend stock?

Yes

Turning Point Brands, Inc. (TPB) pays a quarterly dividend yielding 0.51% ($0.32/yr), with 8 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (13%)
  • Strong 8.4% 5-yr dividend growth
  • 65% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.51%
Payout Ratio
13%
Annual Dividend
$0.32
5-Yr Avg Growth
8.4%
Ex-Dividend Date
Sep 18, 2026
Years of Growth
8
Frequency
quarterly
Beta
0.97
Market Cap
$1.2B
P/E Ratio
27.0
5-Yr Total Return
65%
52-Week Range
$54.17 – $146.90
Dividend Safety
A · 83/100
Ever Cut?
No

TPB dividend raises and cuts

Turning Point Brands, Inc. (TPB) has raised its regular dividend 8 times and cut it 0 times across the 36 payments on record since 2017. Its most recent change was a 6.7% increase to $0.0800 per share, going ex-dividend on Mar 20, 2026.

Ex-dateChangeOld → newMove
Mar 20, 2026Raise$0.0750 → $0.0800+6.7%
Mar 21, 2025Raise$0.0700 → $0.0750+7.1%
Mar 21, 2024Raise$0.0650 → $0.0700+7.7%
Mar 16, 2023Raise$0.0600 → $0.0650+8.3%
Mar 17, 2022Raise$0.0550 → $0.0600+9.1%
Mar 18, 2021Raise$0.0500 → $0.0550+10.0%
Mar 19, 2020Raise$0.0450 → $0.0500+11.1%
Dec 20, 2018Raise$0.0400 → $0.0450+12.5%
TPB ex-dividend date & scheduleNext ex-date Sep 18, 2026 · full ex-dividend historyView →TPB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is TPB a good dividend stock?

Yes. Turning Point Brands, Inc. (TPB) pays a quarterly dividend yielding 0.51% ($0.32/yr), with 8 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is TPB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TPB's fair value is about $68.61 versus a $62.65 share price — so it looks fairly valued (+10% vs. fair value).

Is TPB's dividend safe?

TPB has a dividend-safety grade of A (83/100), based on its payout coverage, free-cash-flow, 8-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is TPB's fair value?

Our blended fair-value estimate for TPB is about $68.61 per share, roughly 10% above the current $62.65 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is TPB a buy, hold, or sell?

We don't issue formal ratings, but on the data TPB screens as "yes" and fairly valued. Turning Point Brands, Inc. (TPB) pays a quarterly dividend yielding 0.51% ($0.32/yr), with 8 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will TPB cut its dividend?

TPB earns a dividend-safety grade of A (83/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does TPB pay a dividend?

Yes. Turning Point Brands, Inc. pays a quarterly dividend of about $0.32 per share annually, a forward yield of roughly 0.51%.

What is TPB's dividend yield?

As of Oct 18, 2026, TPB's forward dividend yield is 0.51%, based on a $0.32 annual dividend and a $62.65 share price.

What is TPB's dividend per share?

As of Oct 18, 2026, TPB pays $0.32 per share per year, distributed on a quarterly basis.

What is TPB's dividend payout ratio?

As of Oct 18, 2026, TPB's payout ratio is 13% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has TPB grown its dividend?

As of Oct 18, 2026, TPB has increased its dividend for 8 consecutive years.

When is the next TPB ex-dividend date?

As of Oct 18, 2026, TPB's next ex-dividend date hasn't been announced. The most recent was Sep 18, 2026, for $0.0800 per share.