AP NEWS

Turning Point Brands Increases Common Stock Dividend

November 6, 2018

LOUISVILLE, Ky.--(BUSINESS WIRE)--Nov 6, 2018--The Board of Directors of Turning Point Brands, Inc. (NYSE: TPB) declared a regular quarterly dividend of $0.045 per common share. This is a 12.5% increase over the regular quarterly dividend declared in August 2018. The dividend is payable on January 11, 2019, to shareholders of record on the close of business on December 21, 2018.

About Turning Point Brands, Inc.

Louisville, Kentucky-based Turning Point Brands, Inc. (NYSE: TPB) is a leading U.S. provider of Other Tobacco Products. TPB, through its three focus brands, Stoker’s® in Smokeless Products, Zig-Zag® in Smoking Products and the VaporBeast® distribution engine in NewGen Products, 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 TPB is available from its corporate website, http://www.turningpointbrands.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181106005963/en/

CONTACT: Turning Point Brands, Inc.

Robert Lavan, 502-774-9238

Chief Financial Officer

ir@tpbi.com

KEYWORD: UNITED STATES NORTH AMERICA KENTUCKY

INDUSTRY KEYWORD: RETAIL SPECIALTY TOBACCO OTHER RETAIL

SOURCE: Turning Point Brands, Inc.

Copyright Business Wire 2018.

PUB: 11/06/2018 04:15 PM/DISC: 11/06/2018 04:15 PM

http://www.businesswire.com/news/home/20181106005963/en

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