International Paper Declares Dividend

Rhea-AI Summary

International Paper (NYSE: IP) declares quarterly dividends of $0.4625 per share and $1.00 per share.

Positive

• International Paper declares quarterly dividends of $0.4625 per share and $1.00 per share.

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• None.

MEMPHIS, Tenn., May 9, 2023 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from April 1, 2023, to June 30, 2023, inclusive, on the common stock, par value $1.00, of the Company. This dividend is payable on June 15, 2023, to holders of record at the close of business on May 26, 2023.

Today, the company also declared a quarterly dividend of $1.00 per share for the period from April 1, 2023, to June 30, 2023, inclusive, on the common stock, par value $1.00, of the Company. This dividend is also payable on June 15, 2023, to holders of record at the close of business on May 26, 2023.

About International Paper
International Paper (NYSE: IP) is a global producer of planet-friendly packaging, pulp and other fiber-based products, and one of North America's largest recyclers. Headquartered in Memphis, Tenn., we employ approximately 39,000 colleagues globally who are committed to creating what's next. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2022 were $21.2 billion. Additional information can be found by visiting internationalpaper.com.

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SOURCE International Paper

FAQ

What is the dividend declared by International Paper?

International Paper declared a quarterly dividend of $0.4625 per share and $1.00 per share.

When will the dividend be payable?

The dividend will be payable on June 15, 2023.

What is the record date for the dividend?

The record date for the dividend is May 26, 2023.

What is the par value of International Paper's common stock?

The par value of International Paper's common stock is $1.00.