Tobacco & Nicotine Tax: USA – 2026

U.S. States Move to Expand Nicotine Excise Taxes in 2026 With the 2026 state legislative session in full swing, excise taxation on cigarettes, vaping products, nicotine pouches and other tobacco-related items has emerged as a central policy focus across the United States. Faced with persistent budget pressures and declining cigarette...

Scandinavian Tobacco: FY25 Results

Scandinavian Tobacco Group Reports Weaker 2025 Results Amid Market Headwinds and Strategic Transition Scandinavian Tobacco Group (STG) reported weaker financial results for Q4 2025 and FY25, reflecting a combination of currency headwinds, weaker consumer sentiment in the United States, operational disruptions related to the rollout of a global ERP system,...

Scandinavian Tobacco: Dividend

March 2026: Scandinavian Tobacco Group Reduces Annual Dividend to kr.4.50 Scandinavian Tobacco Group proposes an ordinary dividend of kr.4.50 per share for 2026, corresponding to a 42% payout ratio. Compared with the kr.8.50 dividend paid in 2025, this represents a 47% reduction and the lowest dividend since the company’s IPO....

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