International Paper Declares Quarterly Dividend

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International Paper declares quarterly dividend

Positive

• International Paper declares a quarterly dividend of $0.4625 per share on common stock and $1.00 per share on preferred stock for the period from October 1, 2023, to December 31, 2023, payable on December 15, 2023.

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• None.

MEMPHIS, Tenn., Oct. 10, 2023 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from October 1, 2023, to December 31, 2023, inclusive, on the common stock, par value $1.00, of the Company, payable on December 15, 2023, to holders of record at the close of business on November 15, 2023.

Today, the company also declared a quarterly dividend of $1.00 per share for the period from October 1, 2023, to December 31, 2023, inclusive, on the cumulative $4.00 preferred stock of the Company, payable on December 15, 2023, to holders of record at the close of business on November 15, 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 amount declared by International Paper?

International Paper declared a quarterly dividend of $0.4625 per share on common stock and $1.00 per share on preferred stock.

When will the dividend be payable?

The dividend will be payable on December 15, 2023.

Who are the eligible holders for the dividend?

Holders of record at the close of business on November 15, 2023, are eligible for the dividend.