Nov 16, 2012. /Lesprom Network/. Neenah Paper's Board of Directors approved a 25% increase in the regular dividend on the Company's common stock. The annual dividend will increase from $0.48 to $0.60 per share and will continue to be paid in four equal quarterly installments. The first installment at the new rate of $0.15 per share is scheduled to be paid on March 4, 2013 to shareholders of record as of February 15, 2013, as the company said in the press release received by Lesprom Network. “We are committed to a sustainable and competitive dividend as one of the ways we will deploy cash and provide shareholders with an attractive return,” said John O’Donnell, CEO. “The decision to significantly increase the dividend reflects our higher cash flow generation following the successful integration of brands acquired from Wausau as well as our confidence in the future of Neenah.” Neenah Paper is a leader in premium image and performance-based products, including filtration, specialized substrates used for tapes, labels and other products, and high-end printing papers.