Ticker: TIS
Purchased: 12/12/2013
Cost basis: $29.88
Current Portfolio Status: Penalty
Dividend Reinvestment: N
Dividends paid quarterly in Mar, Jun, Sep, Dec
Shares held on account at Schwab
Orchids Paper Products Company manufactures and sells tissue products for the at-home market in the United States. Its products include paper towels, bathroom tissue, and paper napkins. The company offers its products under various brands, such as Colortex, My Size, Velvet, Big Mopper, Linen Soft, Soft & Fluffy, Tackle, and Noble. It also sells parent rolls to other converters. The company markets its products directly, as well as through a network of independent brokers. It serves dollar stores, discount retailers, grocery stores, grocery wholesalers and cooperatives, and convenience stores. Orchids Paper Products Company was founded in 1976 and is headquartered in Pryor, Oklahoma.
Penalty Reason: Missed earnings, Dilution with SC plant construction
Relationship: USB
February 7, 2016