International Paper has declared a regular quarterly dividend of $0.125 per share for the period from July 1, 2010, to September 30, 2010, inclusive, on its common stock, par value $1. This dividend is payable on September 15, 2010, to holders of record at the close of business on August 16, 2010.
The company also declared a regular quarterly dividend of $1 per share for the period from July 1, 2010, to September 30, 2010, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on September 15, 2010, to holders of record at the close of business on August 16, 2010.
About International Paper
International Paper (NYSE: IP) is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include industrial and consumer packaging and uncoated papers, and complemented by xpedx, the company's North American distribution company. Headquartered in Memphis, Tenn., the company employs more than 56,000 people in more than 20 countries and serves customers worldwide. 2009 net sales were approximately $23 billion. For more information about International Paper, its products and stewardship efforts, visit internationalpaper.com.
SOURCE International Paper
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