MEMPHIS, Tenn., July 12, 2011 /PRNewswire/ -- 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.
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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.
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 59,500 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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