Neenah Paper combines Premium Fine Paper and Technical Products businesses with high-quality to create value through innovation, service and excellence in execution. Commitment and Vision Investor Relations FAQs
ALPHARETTA, GEORGIA – December 7, 2011 (NYSE:NP) – Neenah Paper, Inc. announced today it has signed a definitive agreement to purchase certain premium brands, including Astrobrights® and Royal, from Wausau Paper. The transaction has been approved by the Boards of Directors of both companies and is subject to customary closing conditions. The purchase would be financed through existing credit facilities and operating cash flows. Closing is expected to occur on January 31, 2012 and additional details will be shared at that time.
ALPHARETTA, Ga.--(BUSINESS WIRE)--Nov. 17, 2011-- Neenah Paper, Inc. (NYSE:NP) announced today that its Board of Directors approved a nine percent increase in the dividend on the Company's common stock. The annual dividend will increase from $0.44 to $0.48 per share and will continue to be paid in four equal quarterly installments. The next installment, at the new higher rate of $0.12 per share, is scheduled to be paid in March 2012 to shareholders of record as of February 2012.
Investor Relations
Bill McCarthy
Vice President Financial Analysis & Investor Relations
3460 Preston Ridge Road Suite 600
Alpharetta, Georgia 30005
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