Orchids Declares Quarterly Dividend Of $0.25 Per Share
PRYOR, Okla., Nov. 15, 2012 /PRNewswire/ -- On November 14, 2012, at a regularly scheduled meeting, the Board of Directors of Orchids Paper Products Company (NYSE MKT: TIS) authorized an increase in its quarterly cash dividend from $.20 per outstanding share to $.25 per outstanding share of the Company's common stock. The increased dividend will be effective for the dividend payable on December 18, 2012, to stockholders of record at the close of business on December 3, 2012.
The Company's President and Chief Executive Officer Bob Snyder said, "This increase in our dividend, which is the second increase in the last twelve months, is reflective of our current performance and demonstrates the confidence that the Board of Directors has in the long-term growth of our business. This dividend increase emphasizes our commitment to create long-term value for our stockholders."
About Orchids Paper Products Company
Orchids Paper Products Company is an integrated manufacturer of tissue paper products serving the at home private label consumer market. From its operations in north east Oklahoma, the Company produces a full line of tissue products, including paper towels, bathroom tissue and paper napkins, to serve the value through premium quality market segments. The Company provides these products to retail chains throughout the United States. For more information on the Company and its products, visit the Company's website at http://www.orchidspaper.com.
SOURCE Orchids Paper Products Company
RELATED LINKS
http://www.orchidspaper.com
More by this Source
Orchids To Present At Sidoti & Co., LLC Micro-Cap Conference And First Annual Singular Research Solstice Conference
Jun 04, 2013, 19:33 ET
Orchids Declares Quarterly Dividend Of $0.35 Per Share
May 17, 2013, 09:28 ET
Orchids Paper Products Company Reports Record Net Sales And 2013 First Quarter Results
Apr 24, 2013, 16:30 ET
Featured Video
Journalists and Bloggers
![]()
Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.
View and download archived video content distributed by MultiVu on The Digital Center.
Custom Packages
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.




