NEW YORK (

TheStreet

) -- The ex-dividend date for

Wausau Paper Corporation

(NYSE:

WPP

) is tomorrow, October 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 $7.73 as of 10:06 a.m. ET, the dividend yield is 1.6%.

The average volume for Wausau has been 405,400 shares per day over the past 30 days. Wausau has a market cap of $368.8 million and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are down 12.5% year to date as of the close of trading on Wednesday.

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 16.7, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Wausau as a

hold

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

Wausau Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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