International Paper (IP) Raises Quarterly Dividend 14.3% to $0.40; 3.3% Yield

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Jefferies Comments on International Paper's (IP) Raised Dividend

September 10, 2014 8:49 AM EDT

Jefferies analyst Philip Ng weighed in on International Paper (NYSE: IP) after the company increased its dividend, although it was below what they expected. As a result, hte analyst sees more aggressive stock buybacks coming.

Ng commented "IP increased its dividend by 14%,... More