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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.