Schweitzer-Mauduit International (SWM) will raise its quarterly dividend by 5.6 percent to $0.38 per share. Last year the dividend was raised by a total of 140 percent.

Schweitzer-Mauduit International, Inc. (SWM) is a diversified producer of engineered papers, films, nets, and non-wovens for a variety of applications and industries. The Engineered Papers segment is primarily focused on supplying major cigarette manufacturers with a variety of specialty papers.  Its Advanced Materials & Structures segment produces resin-based plastic netting through an extrusion process, as well as certain meltblown products, machined plastic core tubes, urethane films, and resin-based rolled products.