NEW YORK (

TheStreet

) -- The ex-dividend date for

Wausau Paper Corporation

(NYSE:

WPP

) is tomorrow, July 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $7.16 as of 9:32 a.m. ET, the dividend yield is 1.9%.

The average volume for Wausau has been 394,500 shares per day over the past 30 days. Wausau has a market cap of $306.9 million and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are down 15.6% year to date as of the close of trading on Tuesday.

Wausau Paper Corp. manufactures, converts, and sells paper and paper products in the United States and internationally. It operates in two segments, Tissue and Paper. The company has a P/E ratio of 9.5, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

  • Practice your dividend trading strategies and win cash in our stock game.

TheStreet Ratings rates Wausau as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. You can view the full

Wausau Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

null