Jul 11, 2007. /Lesprom Network/. International Paper declared on July 10, 2007 a regular quarterly dividend of $0.25 per share for the period from July 1, 2007, to September 30, 2007, inclusive, on its common stock. This dividend is payable on September 17, 2007, to holders of record at the close of business on August 15, 2007. Today the company also declared a regular quarterly dividend of $1 per share for the period from July 1, 2007, to September 30, 2007, inclusive, on its preferred stock. This dividend is also payable on September 17, 2007, to holders of record at the close of business on August 15, 2007. International Paper, founded in 1898, 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. Its uncoated papers and packaging businesses are complemented by xpedx, North America's largest distributor of printing papers and graphics supplies and equipment. Headquartered in the United States, International Paper employs approximately 54,000 people in more than 20 countries, and serves customers worldwide. Annual sales are about $22 billion.