Oct 14, 2008. /Lesprom.com/. International Paper today declared a regular quarterly dividend of $0.25 per share for the period from October 1, 2008, to December 31, 2008, inclusive, on its common stock, par value $1. This dividend is payable on December 15, 2008, to holders of record at the close of business on November 17, 2008. Today the company also declared a regular quarterly dividend of $1 per share for the period from October 1, 2008, to December 31, 2008, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on December 15, 2008, to holders of record at the close of business on November 17, 2008.