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.
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