Wausau Stock To Go Ex-dividend Tomorrow (WPP)

NEW YORK ( TheStreet) -- The ex-dividend date for Wausau Paper Corporation (NYSE: WPP) is tomorrow, April 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $8.93 as of 9:35 a.m. ET, the dividend yield is 1.4%.

The average volume for Wausau has been 191,300 shares per day over the past 30 days. Wausau has a market cap of $429.9 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 8.5% 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. The company operates in two segments, Tissue and Paper.

TheStreet Ratings rates Wausau as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. 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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