Business News

International Paper Declares Dividends

Tuesday 13. May 2008 - International Paper (NYSE:IP) today declared a regular quarterly dividend of $0.25 per share for the period from April 1, 2008, to June 30, 2008, inclusive, on its common stock, par value $1.

This dividend is payable on June 16, 2008, to holders of record at the close of business on May 23, 2008.

Today the company also declared a regular quarterly dividend of $1 per share for the period from April 1, 2008, to June 30, 2008, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on June 16, 2008, to holders of record at the close of business on May 23, 2008.