International Paper declares dividend

Jul 12, 2011. /Lesprom Network/. International Paper 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. 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. International Paper 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.