International Paper Declares Dividend

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  Published in House and Home on Tuesday, January 10th 2012 at 9:51 GMT by Market Wire
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International Paper Declares Dividend -- MEMPHIS, Tenn., Jan. 10, 2012 /PRNewswire/ --

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MEMPHIS, Tenn., Jan. 10, 2012 /PRNewswire/ -- International Paper (NYSE: [ IP ]) today declared a quarterly dividend of $0.2625 per share for the period from January 1, 2012, to March 31, 2012, inclusive, on its common stock, par value $1.00. This dividend is payable on March 15, 2012, to holders of record at the close of business on February 15, 2012.

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Today the company also declared a regular quarterly dividend of $1.00 per share for the period from January 1, 2012, to March 31, 2012, inclusive, on the cumulative $4.00 preferred stock of the company. This dividend is also payable on March 15, 2012, to holders of record at the close of business on February 15, 2012.

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 uncoated papers and industrial and consumer packaging, complemented by xpedx, the Company's North American distribution company. Headquartered in Memphis, Tennessee the company employs about 61,000 people in more than 24 countries and serves customers worldwide. 2010 net sales were more than $25 billion. For more information about International Paper, its products and stewardship efforts, visit internationalpaper.com.

SOURCE International Paper

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