Oct 11, 2006. /Lesprom Network/. International Paper declared on October 10 a regular quarterly dividend of $0.25 per share for the period from October 1, 2006, to December 31, 2006, inclusive on its common stock. This dividend is payable on December 15, 2006, to holders of record at the close of business on November 17, 2006. Today the company also declared a regular quarterly dividend of $1 per share for the period from October 1, 2006, to December 31, 2006, inclusive, on its preferred stock. This dividend is also payable on December 15, 2006, to holders of record at the close of business on November 17, 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.