International Paper Declares Dividend
. In addition, the company announced the regular distribution on convertible preferred securities interest in International Paper Capital Trust, paid at an annual rate of 5 1/4 percent per convertible preferred security for the period Oct. 1, 2004, to Dec. 31, 2004. The distribution is payable Dec. 15, 2004, for holders of record at the close of business on Nov. 30, 2004.
Oct 13, 2004. /Lesprom Network/. International Paper (NYSE: IP) today announced a regular quarterly dividend of $0.25 per share for the period of Oct. 1, 2004, to Dec. 31, 2004, inclusive. The dividend on the common stock of the company is payable on Dec. 15, 2004, to holders of record at the close of business on Nov. 19, 2004.
The company also declared a regular quarterly dividend of $1 per share for the period of Oct. 1, 2004, to Dec. 31, 2004, inclusive, on the preferred stock of the company, payable on Dec. 15, 2004, to holders of record at the close of business on Nov. 19, 2004.
In addition, the company announced the regular distribution on convertible preferred securities interest in International Paper Capital Trust, paid at an annual rate of 5 1/4 percent per convertible preferred security for the period Oct. 1, 2004, to Dec. 31, 2004. The distribution is payable Dec. 15, 2004, for holders of record at the close of business on Nov. 30, 2004.