International Paper (IP) Raises Quarterly Dividend 5.1% to $0.4625; 4% Yield
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International Paper Increases its Annual Cash Dividend by 5% to $1.85 per share
October 11, 2016 4:01 PM EDTMEMPHIS, Tenn., Oct. 11, 2016 /PRNewswire/ -- International Paper's (NYSE: IP) board of directors today increased the company's regular quarterly dividend by 5 percent from $0.44 to $0.4625 per share for the period from October 1, 2016, to December 31, 2016, inclusive, on its common stock, par value $1.00. This increased regular dividend is payable on December 15, 2016, to shareholders of record at the close of business on November 15, 2016.
"This dividend increase is IP's fifth-consecutive annual increase and reflects our continued confidence in the sustainability of our cash flow generation," said... More
