Posted 十月 11, 2016
International Paper's Board of Directors increased the company's regular quarterly dividend by 5% from $0.44 to $0.4625 per share for the period from October 1, 2016, to December 31, 2016, inclusive, on its common stock, par value $1.00.
"This dividend increase is IP's fifth-consecutive annual increase and reflects our continued confidence in the sustainability of our cash flow generation," said Mark Sutton, Chairman and CEO of International Paper. "International Paper remains committed to a balanced capital allocation strategy, which includes returning a significant portion of our cash to our shareholders."
International Paper is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa, Asia and Russia.