Ex-Dividend Reminder: Turning Point Brands, Republic Bancorp and LTC Properties

Turning Point Brands (TPB), Republic Bancorp (RBCAA), and LTC Properties (LTC) will trade ex-dividend on 6/20/25, with respective dividend payments of $0.075, $0.451, and $0.19. This translates to an expected price decrease at market open on 6/20/25 of 0.10% for TPB, 0.66% for RBCAA and 0.54% for LTC, all else being equal; the current estimated annualized dividend yields are 0.40%, 2.63%, and 6.50%, respectively. Recent trading shows TPB down 0.2%, RBCAA up 1%, and LTC up 0.9%.

Analysis

Turning Point Brands Inc. (TPB), Republic Bancorp, Inc. (RBCAA), and LTC Properties, Inc. (LTC) will all trade ex-dividend on June 20, 2025. TPB is set to pay a quarterly dividend of $0.075 on July 11, 2025, which corresponds to approximately 0.10% of its recent stock price of $75.48, leading to an anticipated equivalent price decrease at the market open on the ex-dividend date, all else being equal. Republic Bancorp will distribute its quarterly dividend of $0.451 on July 18, 2025, with an expected 0.66% price reduction. LTC Properties will pay its monthly dividend of $0.19 on June 30, 2025, implying an expected 0.54% decrease in its share price. If these dividend levels are maintained, the current estimated annualized yields are 0.40% for TPB, 2.63% for RBCAA, and a more substantial 6.50% for LTC. The article highlights that dividend consistency is linked to company profitability, advising that a review of historical dividend payments is a prudent step in assessing future yield expectations. On the day of the report (Wednesday), TPB shares were trading down approximately 0.2%, while RBCAA shares were up about 1%, and LTC Properties shares had risen by about 0.9%.

Key Decisions for Investors

• Investors seeking dividend income from TPB, RBCAA, or LTC should note the June 20, 2025 ex-dividend date and anticipate the corresponding mechanical adjustments to share prices at market open.
• It is advisable to scrutinize the historical dividend stability and underlying profitability of these companies, particularly for LTC Properties given its higher estimated annualized yield of 6.50%, to gauge the likelihood of continued payments.
• Market participants should factor in the expected short-term price declines of 0.10% for TPB, 0.66% for RBCAA, and 0.54% for LTC on June 20, 2025, when these stocks begin trading ex-dividend.