Neenah Paper declared a regular quarterly cash dividend of USD 0.37 per share on the company’s common stock. The dividend will be payable on June 2, 2017 to shareholders of record as of close of business on May 12, 2017.
The new dividend rate of USD 0.37 per share, previously announced on November 18, 2016, represents an increase of 12% compared to the prior dividend rate of USD 0.33 per share.
Earlier Neenah Paper expanded its digital papers portfolio.
About Neenah Paper:
The company is a leading global specialty materials producer, focused on premium niche markets that value performance and image. Key products and markets include advanced filtration media, specialized substrates used for tapes, labels and other products, and premium printing and packaging papers. The company is headquartered in Alpharetta, Georgia, USA and its products are sold in over 70 countries worldwide from manufacturing operations in the United States and Germany.