MEMPHIS, Tenn., July 12, 2016 /PRNewswire/ -- International
Paper (NYSE: IP) today declared a quarterly dividend of
$0.44 per share for the period from
July 1, 2016, to September 30, 2016, inclusive, on its common
stock, par value $1.00. This dividend
is payable on September 15, 2016, to
holders of record at the close of business on August 15, 2016.
Today the company also declared a regular quarterly dividend of
$1.00 per share for the period from
July 1, 2016, to September 30, 2016, inclusive, on the cumulative
$4.00 preferred stock of the company.
This dividend is also payable on September
15, 2016, to holders of record at the close of business on
August 15, 2016.
About International Paper
International Paper
(NYSE: IP) is a global leader in packaging and paper with
manufacturing operations in North
America, Europe,
Latin America, Russia, Asia
and North Africa. Its businesses include industrial and
consumer packaging along with uncoated papers and pulp.
Headquartered in Memphis, Tenn.,
the company employs approximately 55,000 people and is
strategically located in more than 24 countries serving customers
worldwide. International Paper net sales for 2015 were $22 billion. For more information about
International Paper, its products and stewardship efforts, visit
internationalpaper.com.
Logo - http://photos.prnewswire.com/prnh/20020701/IPLOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/international-paper-declares-dividend-300297295.html
SOURCE International Paper