International Paper declared dividend

Jan 09, 2013. /Lesprom Network/. International Paper declared a quarterly dividend of $0.30 per share for the period from January 1, 2013, to March 31, 2013, inclusive, on its common stock, par value $1.00. This dividend is payable on March 15, 2013, to holders of record at the close of business on February 15, 2013, as the company said in a press release received by Lesprom Network. The company also declared a regular quarterly dividend of $1.00 per share for the period from January 1, 2013, to March 31, 2013, inclusive, on the cumulative $4.00 preferred stock of the company. This dividend is also payable on March 15, 2013, to holders of record at the close of business on February 15, 2013. 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.