International Paper declares dividend of $0.25 per share
Jul 12, 2006. International Paper announced a regular quarterly dividend on the common stock of the company of $0.25 per share.
Jul 12, 2006. /Lesprom Network/. International Paper announced a regular quarterly dividend on the common stock of the company of $0.25 per share for the period of July 1, 2006, to September 30, 2006, inclusive. The dividend is payable on September 15, 2006, to holders of record at the close of business on August 18, 2006.
The company also declared a regular quarterly dividend of $1 per share for the period of July 1, 2006, to September 30, 2006, inclusive, on the preferred stock of the company, payable on September 15, 2006, to holders of record at the close of business on August 18, 2006.
Headquartered in the United States, International Paper has been a leader in the forest products industry for more than 100 years. The company is currently transforming its operations to focus on its global uncoated papers and packaging businesses, which operate and serve customers in the U.S., Europe, South America and Asia. These businesses are complemented by an extensive North American merchant distribution system. International Paper is committed to environmental, economic and social sustainability, and has a long-standing policy of using no wood from endangered forests.