Business News

International Paper Declares Dividends

Wednesday 14. October 2009 - International Paper (NYSE:IP) today 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 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.