MEMPHIS, Tenn., Jan. 10, 2017 /PRNewswire/ -- International
Paper (NYSE: IP) today declared a quarterly dividend of
$0.4625 per share for the period from
January 1, 2017, to March 31, 2017, inclusive, on its common stock,
par value $1.00. This dividend is
payable on March 15, 2017, to holders
of record at the close of business on February 15, 2017.
Today the company also declared a regular quarterly dividend of
$1.00 per share for the period from
January 1, 2017, to March 31, 2017, inclusive, on the cumulative
$4.00 preferred stock of the company.
This dividend is also payable on March 15,
2017, to holders of record at the close of business on
February 15, 2017.
About International Paper
International Paper (NYSE: IP) is a leading global producer
of renewable fiber-based packaging, pulp and paper products with
manufacturing operations in North
America, Latin America,
Europe, North Africa, Asia and Russia. We produce packaging products that
enable world-wide commerce; pulp for diapers, tissue and other
personal hygiene products; papers that drive communication; paper
bags that carry groceries; and paper cups and food containers. We
are headquartered in Memphis,
Tenn., and employ roughly 55,000 colleagues located in more
than 24 countries. Net sales for 2015 were $22 billion. For more information about
International Paper, our products and global citizenship efforts,
please visit internationalpaper.com.
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SOURCE International Paper