Abstract: A housing having its interior divided into a supply chamber for a folded row of connected tickets and a dispensing chamber, and providing a discharge opening at one end for delivery of tickets. A feeding element in the dispensing chamber is operated by an actuator to feed the row of tickets toward the discharge opening. The actuator is movable between spaced feeding and holding positions and has an edge portion that holds the row of coupons or tickets against discharge movements when the actuator is in its holding position. A retarding arrangement applies frictional effort against the row of tickets to prevent free movement of the tickets during a portion of the feeding movement of the feeding element, and lessens the frictional effort or drag on the tickets when the actuator is moved to its holding position.