Is the Turning Point Brands Dividend Safe?
Turning Point Brands has been increasing the dividend for 6 years.
Over the past 10 years, Turning Point Brands has increased it by an annual 0 %.
Over a five-year period, the distribution increased by 9.521%.
Analysts expect a Dividend Increase of 3.964% for the current fiscal year.
Turning Point Brands Aktienanalyse
What does Turning Point Brands do?
Turning Point Brands Inc is a leading tobacco company based in Louisville, Kentucky, USA. The company was founded in 2004 and has been listed on the New York Stock Exchange since 2016.
The business model of Turning Point Brands is focused on offering high-quality tobacco products and accessories to a wide range of customers. The company's main focus is in the USA, but it also exports to numerous countries worldwide.
One of the most important divisions of Turning Point Brands is the distribution of loose-leaf and pipe tobacco. The company is a leader in this area and offers a variety of brands such as Bugler, Kite, and Zig-Zag. In addition, the company also distributes cigars and cigarillos, including brands such as Hav-A-Tampa and Garcia y Vega.
Another important division is the distribution of electronic cigarettes and vapes. The company offers a wide range of products, including its own brand VaporFi. This division is a rapidly growing market as many smokers are looking for alternatives to quit smoking.
In addition to tobacco, Turning Point Brands is also active in the spirits industry, producing and distributing whiskey, rum, and other spirits under brands such as Kentucky Peerless and Luxco.
The company places great emphasis on the quality of its products and is known for its strict quality controls and high production standards. It also values sustainability and actively works to improve its environmental footprint.
In recent years, Turning Point Brands has focused heavily on marketing and distributing its products. The company utilizes a variety of distribution channels such as retail stores, online shops, and direct sales to reach its customers.
The company has also made several acquisitions in recent years to expand its product portfolio and increase its market share. In 2019, it acquired Smokeless Solutions, a company that manufactures alternative tobacco products.
Overall, Turning Point Brands Inc is a versatile and responsive tobacco company that focuses on a wide range of customers and brands. The company has established itself as a leading provider of high-quality tobacco products and has a promising future in the constantly evolving tobacco industry. Turning Point Brands is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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