International Paper declares dividends
Jan 14, 2009. /Lesprom.com/. International Paper declared a regular quarterly dividend of $0.25 per share for the period from January 1, 2009, to March 31, 2009, inclusive, on its common stock, par value $1.
Jan 14, 2009. /Lesprom.com/. International Paper declared a regular quarterly dividend of $0.25 per share for the period from January 1, 2009, to March 31, 2009, inclusive, on its common stock, par value $1. This dividend is payable on March 16, 2009, to holders of record at the close of business on February 16, 2009, the company said in a statement received by Lesprom Network.
The company also declared a regular quarterly dividend of $1 per share for the period from January 1, 2009, to March 31, 2009, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on March 16, 2009, to holders of record at the close of business on February 16, 2009.
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.