Feb 15, 2006. /Lesprom Network/. International Paper announced on February 14 a regular quarterly dividend of $0.25 per share for the period of January 1, 2006, to March 31, 2006, inclusive. The dividend on the common stock of the company is payable on March 15, 2006, to holders of record at the close of business on February 17, 2006. The company also declared a regular quarterly dividend of $1 per share for the period of January 1, 2006, to March 31, 2006, inclusive, on the preferred stock of the company, payable on March 15, 2006, to holders of record at the close of business on February 17, 2006. Headquartered in the United States, International Paper is the world's largest paper and forest products company. Businesses include paper, packaging, and forest products. As one of the largest private forest landowners in the world, the company manages its forests under the principles of the Sustainable Forestry Initiative (SFI) programme, a system that ensures the continual planting, growing and harvesting of trees while protecting wildlife, plants, soil, air and water quality.