International Paper (NYSE: IP) today declared a quarterly dividend of $0.2625 per share for the period from July 1, 2011, to September 30, 2011, inclusive, on its common stock, par value $1. This dividend is payable on September 15, 2011, to holders of record at the close of business on August 15, 2011.
Today the company also declared a regular quarterly dividend of $1 per share for the period from July 1, 2011, to September 30, 2011, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on September 15, 2011, to holders of record at the close of business on August 15, 2011.