Neenah Paper Sets New 12-Month High at $54.51 (NP)
Neenah Paper (NYSE:NP) reached a new 52-week high during trading on Tuesday , American Banking News.com reports. The stock traded as high as $54.51 and last traded at $54.44, with a volume of 13,367 shares trading hands. The stock had previously closed at $53.15.
The stock’s 50-day moving average is $50.7 and its 200-day moving average is $48.29. The company has a market cap of $899.8 million and a P/E ratio of 17.67.
Neenah Paper (NYSE:NP) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.79 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.78 by $0.01. Analysts expect that Neenah Paper will post $3.14 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 3rd. Investors of record on Friday, August 15th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend is Wednesday, August 13th. This is an increase from Neenah Paper’s previous quarterly dividend of $0.24.
Neenah Paper, Inc (NYSE:NP) has two primary operations: technical products business and fine paper business.
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