Oct 13, 2009. /Lesprom Network/. International Paper declared a regular quarterly dividend of $0.025 per share for the period from Oct. 1, 2009, to Dec. 31, 2009, inclusive, on its common stock, par value $1. This dividend is payable on Dec. 15, 2009, to holders of record at the close of business on Nov. 16, 2009, the company said in a press release received by Lesprom Network. The company also declared a regular quarterly dividend of $1 per share for the period from Oct. 1, 2009, to Dec. 31, 2009, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on Dec. 15, 2009, to holders of record at the close of business on Nov. 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.