Turning Point Brands Declares Common Stock Dividend

May 27, 2020

LOUISVILLE, Ky.--(BUSINESS WIRE)-- The Board of Directors of Turning Point Brands (NYSE: TPB) declared a regular quarterly dividend of $0.05 per common share. The dividend is payable on July 10, 2020, to shareholders of record on the close of business on June 19, 2020.

About Turning Point Brands, Inc.

Louisville, Kentucky-based Turning Point Brands, Inc. (NYSE: TPB) is a leading U.S. provider of Other Tobacco Products and adult consumer alternatives. TPB, through its focus brands generates solid cash flow which it uses to finance acquisitions, increase brand support and strengthen its capital structure. TPB does not sell cigarettes. More information about the company is available at its corporate website, www.turningpointbrands.com.

Robert Lavan, Chief Financial Officer.

(502) 774-9238

ir@tpbi.com

Source: Turning Point Brands