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Turning Point Brands (Turning Point Brands) 3-Year Dividend Growth Rate : 9.10% (As of Dec. 2023)


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What is Turning Point Brands 3-Year Dividend Growth Rate?

Turning Point Brands's Dividends per Share for the three months ended in Dec. 2023 was $0.07.

The historical rank and industry rank for Turning Point Brands's 3-Year Dividend Growth Rate or its related term are showing as below:

TPB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 9.1   Med: 10.1   Max: 71
Current: 9.1

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Turning Point Brands was 71.00% per year. The lowest was 9.10% per year. And the median was 10.10% per year.

TPB's 3-Year Dividend Growth Rate is ranked better than
68.18% of 22 companies
in the Tobacco Products industry
Industry Median: 4.55 vs TPB: 9.10

During the past 12 months, Turning Point Brands's average Dividends Per Share Growth Rate was 8.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Turning Point Brands's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.08. As of today, Turning Point Brands's Dividend Yield % is 0.81%.

Warning Sign:

Turning Point Brands Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Turning Point Brands's 3-Year Dividend Growth Rate

For the Tobacco subindustry, Turning Point Brands's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Turning Point Brands's 3-Year Dividend Growth Rate Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Turning Point Brands's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Turning Point Brands's 3-Year Dividend Growth Rate falls into.



Turning Point Brands 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Turning Point Brands  (NYSE:TPB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Turning Point Brands's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.065/ 0.79
=0.08

During the past 11 years, the highest Dividend Payout Ratio of Turning Point Brands was 0.25. The lowest was 0.03. And the median was 0.11.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Turning Point Brands Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0700002024-03-212024-03-222024-04-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.0650002023-12-142023-12-152024-01-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.0650002023-09-142023-09-152023-10-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.0650002023-06-152023-06-162023-07-07Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Turning Point Brands's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.265/31.45
=0.84 %

Current Share Price is $31.45.
Turning Point Brands's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.265.

During the past 11 years, the highest Dividend Yield of Turning Point Brands was 1.29%. The lowest was 0.18%. And the median was 0.64%.

Warning Sign:

Turning Point Brands Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Turning Point Brands 3-Year Dividend Growth Rate Related Terms>


Turning Point Brands (Turning Point Brands) Business Description

Traded in Other Exchanges
Address
5201 Interchange Way, Louisville, KY, USA, 40229
Turning Point Brands Inc operates as an independent provider of Other Tobacco Products (OTP) in the U.S. It offers a wide range of products across the OTP spectrum including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in three segments namely Zig-Zag products; Stoker's products and NewGen products. The company generates maximum revenue from the Zig-Zag products segment.
Executives
Stephen Usher director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
David Edward Glazek director, officer: Executive Chairman 767 FIFTH AVENUE 12TH FL, NEW YORK NY 10153
Graham Purdy officer: President & CEO 12442 POPLAR WOOD DRIVE, GOSHEN KY 40026
Brittani Cushman officer: Sr VP, General Counsel 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Luis Reformina officer: Sr VP, CFO 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Rohith Reddy director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Zimmerman Arnold director 925 PARK AVE, 2A, NEW YORK NY 10028
Assia Grazioli-venier director C/O MARQUEE RAINE ACQUISITION CORP., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Ashley Davis Frushone director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Diao H.c. Charles director 1775 TYSONS BOULEVARD, TYSONS VA 22102
Standard General L.p. 10 percent owner 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Yavor Efremov director 1 ALLIED DRIVE, SUITE 1705, LITTLE ROCK TX 72202
Lawrence Wexler director, officer: President and CEO 393 CARTER STREET, NEW CANAAN CT 06840
Standard Diversified Inc. 10 percent owner 767 5TH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Robert M. Lavan officer: SVP and CFO 5201 INTERCHANGE WAY, LOUISVILLE KY 40229