Turning Point Brands (TPB) Dividend Coverage Ratio (2017 - 2026)
Turning Point Brands' Dividend Coverage Ratio came in at 2.25 for Q2 2026, down 79.1% from 10.76 a year earlier and down 67.8% from the prior quarter.
Turning Point Brands (TPB) Dividend Coverage Ratio (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Turning Point Brands reported Dividend Coverage Ratio of 7.35, down 12.2% year-over-year; for FY2025, it came in at 10.54, up 24.8% from FY2024.
- Going back by year, Dividend Coverage Ratio was 8.44 in FY2024 (-7.6%), 9.14 in FY2023 (+237.6%), 2.71 in FY2022 (-78.7%) and 12.71 in FY2021 (+26.5%).
- The Q2 2026 figure represents the lowest quarterly Dividend Coverage Ratio since Q4 2024.
- Year-over-year, Dividend Coverage Ratio increased in three of the last eight quarters, with growth averaging 7.8%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q4 2025 (growth of 199.7%), and the weakest in Q2 2026 (a decline of 79.1%).
- Business Quant data shows TPB's Dividend Coverage Ratio at 6.98 (Q1 2026), 5.74 (Q4 2025) and 15.52 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 1.29 |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | - |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 2.25 |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.25 |
| Mar 31, 2026 | 6.98 |
| Dec 31, 2025 | 5.74 |
| Sep 30, 2025 | 15.52 |
| Jun 30, 2025 | 10.76 |
| Mar 31, 2025 | 10.39 |
| Dec 31, 2024 | 1.92 |
| Sep 30, 2024 | 10.12 |
| Jun 30, 2024 | 10.92 |
| Mar 31, 2024 | 11.09 |
| Dec 31, 2023 | 8.82 |
| Sep 30, 2023 | 9.46 |
| Jun 30, 2023 | 8.58 |
| Mar 31, 2023 | 7.22 |
| Dec 31, 2022 | -15.67 |
| Sep 30, 2022 | 10.70 |
| Jun 30, 2022 | 4.68 |
| Mar 31, 2022 | 10.76 |
| Dec 31, 2021 | 11.01 |
| Sep 30, 2021 | 12.83 |
Turning Point Brands Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=TPB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "TPB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=TPB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();