International Paper (IP) Declares Quarterly Dividends
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International Paper (NYSE: IP) today declared a regular quarterly dividend of $0.25 per share for the period from October 1, 2008, to December 31, 2008, inclusive, on its common stock, par value $1. This dividend is payable on December 15, 2008, to holders of record at the close of business on November 17, 2008.
Today the company also declared a regular quarterly dividend of $1 per share for the period from October 1, 2008, to December 31, 2008, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on December 15, 2008, to holders of record at the close of business on November 17, 2008.
International Paper Company (International Paper) is a global paper and packaging company that is complemented by an extensive North American merchant distribution system, with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa.[SM]
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