ALPHARETTA, Ga., Jan. 30, 2015 /PRNewswire/ -- Neenah Paper, Inc. (NYSE: NP) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.30 per share on the company's common stock. The dividend will be payable on March 3, 2015 to stockholders of record as of close of business on February 13, 2015.
The new dividend rate of $0.30 per share, announced on November 18, 2014, represents an increase of 11 percent compared to the prior dividend rate of $0.27 per share.
About Neenah Paper, Inc.
Neenah is a leader in premium image and performance-based products, including filtration, specialized substrates used for tapes, labels and other products, and high-end printing papers. Products are marketed under well-known brands such as CLASSIC®, ASTROBRIGHTS®, ENVIRONMENT®, CRANE®, ROYAL SUNDANCE®, SOUTHWORTH® KIMDURA®, Gessner®, CRANEMAT™, CRANEGLAS™, JET-PRO® SofStretch™ and varitess®. Neenah is headquartered in Alpharetta, Georgia and its products are sold in over 70 countries worldwide from manufacturing operations in the United States and Germany. Additional information can be found at the company's web site, www.neenah.com.
| Contact: |
Neenah Paper, Inc. |
| Bill McCarthy |
|
| Vice President – Financial Analysis and Investor Relations |
|
| 678-518-3278 |
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SOURCE Neenah Paper, Inc.
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