- Turning Point Brands Inc's TPB board of directors has approved a 9% increase in the quarterly dividend to $0.06 from $0.055 per share paid in January.
- The dividend is payable on April 8, 2022, to shareholders of record on the close of business on March 18, 2022.
- The company held $128.3 million in cash and equivalents as of December 31, 2021.
- See Turning Point Brands' Q4 Earnings
- Price Action: TPB shares closed lower by 6.38% at $31.99 on Tuesday.
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