International Paper declares dividends

Jan 09, 2008. /Lesprom Network/. International Paper declared a regular quarterly dividend of $0.25 per share for the period from Jan. 1, 2008, to March 31, 2008, inclusive, on its common stock, par value $1. This dividend is payable on March 14, 2008, to holders of record at the close of business on Feb. 15, 2008. The company also declared a regular quarterly dividend of $1 per share for the period from Jan. 1, 2008, to March 31, 2008, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on March 14, 2008, to holders of record at the close of business on Feb. 15, 2008. International Paper is a global uncoated paper and packaging company with primary markets and manufacturing operations in North America, Europe, Russia, Latin America, Asia and North Africa.