International Paper Declares Dividends
October 13 2009 - 11:53AM
PR Newswire (US)
MEMPHIS, Tenn., Oct. 13 /PRNewswire-FirstCall/ -- 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. About International Paper International Paper (NYSE:IP) 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. Headquartered in Memphis, Tenn., the
company employs more than 58,000 people in more than 20 countries
and serves customers worldwide. 2008 net sales were approximately
$25 billion. For more information about International Paper, its
products and stewardship efforts, visit
http://www.internationalpaper.com/ . DATASOURCE: International
Paper CONTACT: Media: Kathleen Bark, +1-901-419-4333, Investors:
Thomas A. Cleves, +1-901-419-7566 or Emily Nix, +1-901-419-4987,
all of International Paper Web Site:
http://www.internationalpaper.com/
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