ALPHARETTA, Ga.--(BUSINESS WIRE)-- Neenah Paper, Inc. (NYSE:NP) announced today that its Board of Directors approved a 20 percent increase in the regular dividend on the Company's common stock. The annual dividend will increase from $0.80 to $0.96 per share and will continue to be paid in four equal quarterly installments. The first quarterly payment at the new rate of $0.24 per share is scheduled to be paid on March 4, 2014 to shareholders of record as of February 14, 2014.
ALPHARETTA, Ga.--(BUSINESS WIRE)--Neenah Paper, Inc. (NYSE:NP) today reported earnings from continuing operations of $0.68 per diluted common share in the third quarter of 2013 compared with earnings of $0.55 per share in the third quarter of 2012. After excluding net impacts of a research and development tax credit in 2013 and other unusual costs in both years, adjusted earnings in the third quarter of 2013 were $0.61 per diluted common share and compared to adjusted earnings of $0.56 per share in the third quarter of 2012. Adjusted earnings are reconciled to comparable GAAP figures later in this release.
Vice President Financial Analysis & Investor Relations Investors@neenahpaper.com
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