Consumables

Neenah Paper Declares Quarterly Dividend

Monday 04. August 2014 - Neenah Paper, Inc. (NYSE:NP) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.27 per share on the company's common stock. The dividend will be payable on September 3, 2014 to stockholders of record as of close of business on August 15, 2014.

The new dividend rate of $0.27 per share was announced on May 22 and represents a 13 percent increase from the prior rate of $0.24 per share. It also marks the fourth increase since December 2012 when the quarterly dividend was $0.12 per share, as the company continues to increase cash returns to shareholders through an attractive dividend that can provide a targeted yield of three percent.