Key Developments: Neenah Paper Inc (NP.N)

NP.N on New York Stock Exchange

52.69USD
11 Jul 2014
Price Change (% chg)

$0.00 (+0.00%)
Prev Close
$52.69
Open
$52.12
Day's High
$52.82
Day's Low
$52.12
Volume
30,788
Avg. Vol
21,849
52-wk High
$54.73
52-wk Low
$35.70

Search Stocks

Latest Key Developments (Source: Significant Developments)

Neenah Paper Inc Announces Dividend Increase of 33 %
Thursday, 30 May 2013 05:00pm EDT 

Neenah Paper Inc announced that Board of Directors approved a 33% increase in the regular dividend on the Company's common stock. The annual dividend will increase from $0.60 to $0.80 per share and will continue to be paid in four equal quarterly installments. The first installment at the new rate of $0.20 per share is scheduled to be paid on September 3, 2013 to shareholders of record as of August 16, 2013. This follows the previous 25% increase that was effective with the first quarter 2013 dividend.  Full Article

Neenah Paper Inc Announces Closing Of $175 Million Senior Notes Offering
Thursday, 23 May 2013 05:00pm EDT 

Neenah Paper Inc announced that it has completed its previously announced private offering of $175 million aggregate principal amount of its 5.25% Senior Notes due 2021. Neenah intends to use a portion of the net proceeds from the offering to redeem in full its outstanding 7.375% Senior Notes due 2014 (the 2014 Notes) and to repay all borrowings under its secured revolving credit facility. Any remaining net proceeds will be used for general corporate purposes.  Full Article

Neenah Paper Inc Announces Pricing Of 5.25% Senior Notes Offering Due 2021
Thursday, 16 May 2013 05:00pm EDT 

Neenah Paper Inc announced the pricing of its previously announced private offering of senior unsecured notes maturing in 2021. A total of $175 million aggregate principal amount of senior unsecured notes, which will bear an interest rate of 5.25% per annum, will be issued. The offering is expected to close on or about May 23, 2013, subject to customary closing conditions. The Company intends to use the net proceeds of the offering to redeem in full the outstanding balance of its existing 7.375% senior unsecured notes due 2014, and to repay all borrowings under its secured revolving credit facility. Any remaining funds will be used for general corporate purposes.  Full Article

Neenah Paper Inc Announces Proposed $175 Million Senior Notes Offering
Monday, 13 May 2013 07:00am EDT 

Neenah Paper Inc announced that it intends, subject to market and other conditions, to offer $175 million in aggregate principal amount of senior unsecured notes due 2021 in a private placement. The notes will be offered only to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended, and to non-U.S. persons outside of the United States under Regulation S under the Securities Act. The Company intends to use the net proceeds of the offering to redeem in full the outstanding balance of its existing 7.375% senior notes due 2014, and to repay all borrowings under its secured revolving credit facility. Any remaining funds will be used for general corporate purposes.  Full Article

Neenah Paper Inc Declares Quarterly Dividend
Friday, 1 Feb 2013 04:30pm EST 

Neenah Paper Inc announced that its Board of Directors declared a regular quarterly cash dividend of $0.15 per share on the Company's common stock. The dividend will be payable on March 4, 2013 to stockholders of record as of close of business on February 15, 2013. In November 2012, the Company announced it would increase its quarterly dividend by 25% starting in 2013, from $0.12 to $0.15 per share.  Full Article

Neenah Paper Inc Purchases Premium Business Paper Brands From Southworth
Thursday, 31 Jan 2013 05:00pm EST 

Neenah Paper Inc announced that it has completed the purchase of certain premium business paper brands from the Southworth Company. These brands, including Southworth, the category, are sold largely to retail customers such as Staples, Office Depot, Office Max and Walmart. Annual sales from the acquired brands are approximately $20 million.  Full Article

Neenah Paper Inc Announces 25 % Increase In Dividend
Thursday, 15 Nov 2012 04:00pm EST 

Neenah Paper Inc announced that Board of Directors approved a 25 % increase in the regular dividend on the Company's common stock. The annual dividend will increase from $0.48 to $0.60 per share and will continue to be paid in four equal quarterly installments. The first installment at the new rate of $0.15 per share is scheduled to be paid on March 4, 2013 to shareholders of record as of February 15, 2013.  Full Article

Neenah Paper Inc Declares Quarterly Dividend
Thursday, 1 Nov 2012 04:30pm EDT 

Neenah Paper Inc announced that its Board of Directors declared a regular quarterly cash dividend of $0.12 per share on the Company's common stock. The dividend is payable on December 4, 2012 to stockholders of record as of close of business on November 16, 2012.  Full Article

Neenah Paper, Inc. Declares Quarterly Dividend
Tuesday, 31 Jul 2012 04:30pm EDT 

Neenah Paper, Inc announced that its Board of Directors declared a regular quarterly cash dividend of $0.12 per share on the company's common stock. The dividend is payable on September 4, 2012 to stockholders of record as of close of business on August 10, 2012.  Full Article

Search Stocks