Neenah Paper, Inc. (NYSE: NP - News) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.10 per share on the company's common stock. The dividend is payable on June 2, 2009 to stockholders of record as of close of business on May 15, 2009.
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Looked at their bonds today. Not much sustained and consistent cash flow there, and abundant debt--not enough margin of safety.
ReplyDeleteWelcome to Div-net.
Wow I see what you mean pretty scary facts on the debt thank god i dont own this stock.
ReplyDeleteNice paper stock great earnings.
ReplyDelete