MEMPHIS, Tenn., Jan. 14, 2020 /PRNewswire/ -- International
Paper (NYSE: IP) today declared a quarterly dividend of
$ 0.5125 per share for the period
from January 1, 2020, to March 31, 2020, inclusive, on its common stock,
par value $1.00. This dividend is
payable on March 16, 2020, to holders
of record at the close of business on February 21, 2020.
Today the company also declared a regular quarterly dividend of
$1.00 per share for the period from
January 1, 2020, to March 31, 2020, inclusive, on the cumulative
$4.00 preferred stock of the company.
This dividend is also payable on March 16,
2020, to holders of record at the close of business on
February 21, 2020.
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., employ more than 50,000 colleagues and serve more
than 25,000 customers in 150 countries. Net sales for 2018 were
$23 billion. For more
information about International Paper, our products and global
citizenship efforts, please visit internationalpaper.com.
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SOURCE International Paper