Jun 13, 2008. /Lesprom.com/. Wausau Paper announced that its Board of Directors has declared a quarterly dividend of $.085 per share on its common stock. The dividend is payable August 15, 2008, to stockholders of record at the close of business on August 1. Wausau Paper, with record revenues of more than $1.2 billion in fiscal 2007, produces and markets fine printing and writing papers, technical specialty papers, and "away-from-home" towel and tissue products.