NEW YORK ( TheStreet) -- The ex-dividend date for Neenah Paper (NYSE: NP) is tomorrow, February 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $24.74 as of 9:30 a.m. ET, the dividend yield is 1.9%.

The average volume for Neenah has been 117,600 shares per day over the past 30 days. Neenah has a market cap of $358.6 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 11.2% year to date as of the close of trading on Monday.

Neenah Paper, Inc., together with its subsidiaries, engages in the production and sale of technical products and fine papers worldwide. The company has a P/E ratio of 13.9, above the average consumer non-durables industry P/E ratio of 13.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Neenah as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Neenah Ratings Report.

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