Oct 19, 2012. /Lesprom Network/. Wausau Paper announced that its Board of Directors has declared a quarterly dividend of $0.03 per share on its common stock. The dividend is payable November 15, 2012, to shareholders of record at the close of business on November 1, 2012, as the company said in the press release received by Lesprom Network. Wausau Paper produces and markets specialty papers for industrial, commercial and consumer end markets as well as a complete line of away-from-home towel and tissue products.