MEMPHIS, Tenn., Jan. 9, 2018 /PRNewswire/ -- International
Paper (NYSE: IP) today declared a quarterly dividend of
$0.475 per share for the period from
January 1, 2018, to March 31, 2018, inclusive, on its common stock,
par value $1.00. This dividend is
payable on March 15, 2018, to holders
of record at the close of business on February 21, 2018.
Today the company also declared a regular quarterly dividend of
$1.00 per share for the period from
January 1, 2018, to March 31, 2018, inclusive, on the cumulative
$4.00 preferred stock of the company.
This dividend is also payable on March 15,
2018, to holders of record at the close of business on
February 21, 2018.
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 and Russia. We
produce corrugated packaging products that protect and promote
goods, and enable world-wide commerce; pulp for diapers, tissue and
other personal hygiene products that promote health and wellness
and papers that facilitate education and communication. We are
headquartered in Memphis, Tenn.,
and employ approximately 52,000 colleagues located in more than 24
countries. Net sales for 2016 were $21
billion. For more information about International Paper, our
products and global citizenship efforts, please visit
internationalpaper.com.
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SOURCE International Paper