International Paper Declares Quarterly Dividend

Rhea-AI Summary

International Paper (NYSE: IP) announced a quarterly dividend of $0.4625 per share for the period from July 1, 2024, to September 30, 2024, on its common stock, payable on September 16, 2024, to shareholders of record as of August 15, 2024.

The company also declared a quarterly dividend of $1.00 per share for the same period on its cumulative $4.00 preferred stock, also payable on September 16, 2024, to holders of record on August 15, 2024.

Positive

• Declaration of a quarterly dividend of $0.4625 per share on common stock.
• Quarterly dividend of $1.00 per share on cumulative $4.00 preferred stock.

Negative

• None.

MEMPHIS, Tenn., July 9, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from July 1, 2024 to September 30, 2024, inclusive, on the common stock, par value $1.00, of the Company, payable on September 16, 2024 to holders of record at the close of business on August 15, 2024.

Today, the company also declared a quarterly dividend of $1.00 per share for the period from July 1, 2024 to September 30, 2024, inclusive, on the cumulative $4.00 preferred stock of the Company, payable on September 16, 2024 to holders of record at the close of business on August 15, 2024.

About International Paper
International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and other fiber-based products, and one of the world'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, Europe, Latin America and Africa. Net sales for 2023 were $18.9 billion. Additional information can be found by visiting internationalpaper.com.

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SOURCE International Paper

FAQ

What is the dividend amount declared by International Paper (IP) for Q3 2024?

International Paper declared a quarterly dividend of $0.4625 per share on its common stock for Q3 2024.

When will International Paper (IP) pay its Q3 2024 dividend?

International Paper will pay its Q3 2024 dividend on September 16, 2024.

What is the record date for International Paper's Q3 2024 dividend?

The record date for International Paper's Q3 2024 dividend is August 15, 2024.

How much is the preferred stock dividend declared by International Paper (IP) for Q3 2024?

International Paper declared a quarterly dividend of $1.00 per share on its cumulative $4.00 preferred stock for Q3 2024.

When will International Paper (IP) pay its preferred stock dividend for Q3 2024?

The preferred stock dividend for Q3 2024 will be paid on September 16, 2024.