
Turning Point Brands, Inc.
TPBConsumer Defensive · Tobacco · Stock · quarterly payer
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?
YesTurning 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-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 20, 2026 | Raise | $0.0750 → $0.0800 | +6.7% |
| Mar 21, 2025 | Raise | $0.0700 → $0.0750 | +7.1% |
| Mar 21, 2024 | Raise | $0.0650 → $0.0700 | +7.7% |
| Mar 16, 2023 | Raise | $0.0600 → $0.0650 | +8.3% |
| Mar 17, 2022 | Raise | $0.0550 → $0.0600 | +9.1% |
| Mar 18, 2021 | Raise | $0.0500 → $0.0550 | +10.0% |
| Mar 19, 2020 | Raise | $0.0450 → $0.0500 | +11.1% |
| Dec 20, 2018 | Raise | $0.0400 → $0.0450 | +12.5% |
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.
TPB Price — Last 12 Months
Daily close
Price Return
1 Year
-37%
3 Years
+174%
5 Years
+65%
52-Week Range
$54.17 – $146.90
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TPB worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Turning Point Brands, Inc. is $68.61 per share, versus a market price of $62.65. That implies the stock is roughly fairly priced.
Fair Value
$68.61
Current Price
$62.65
Gap
+10%
Margin of Safety
9%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 9.3% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.2% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $2.32 EPS, $0.32 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TPB Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full TPB dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 18, 2026 | Oct 9, 2026 | $0.0800 | regular |
| Jun 18, 2026 | Jul 10, 2026 | $0.0800 | regular |
| Mar 20, 2026 | Apr 10, 2026 | $0.0800 | regular |
| Dec 19, 2025 | Jan 9, 2026 | $0.0750 | regular |
| Sep 19, 2025 | Oct 10, 2025 | $0.0750 | regular |
| Jun 20, 2025 | Jul 11, 2025 | $0.0750 | regular |
| Mar 21, 2025 | Apr 11, 2025 | $0.0750 | regular |
| Dec 20, 2024 | Jan 10, 2025 | $0.0700 | regular |
| Sep 13, 2024 | Oct 4, 2024 | $0.0700 | regular |
| Jun 14, 2024 | Jul 5, 2024 | $0.0700 | regular |
| Mar 21, 2024 | Apr 12, 2024 | $0.0700 | regular |
| Dec 14, 2023 | Jan 5, 2024 | $0.0650 | regular |
| Sep 14, 2023 | Oct 6, 2023 | $0.0650 | regular |
| Jun 15, 2023 | Jul 7, 2023 | $0.0650 | regular |
Income Calculator
At $0.32 / yr per share
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