International Paper Declares Dividend

Rhea-AI Summary

International Paper (NYSE: IP) has declared a quarterly dividend of $0.4625 per share for the period from April 1, 2022 to June 30, 2022, payable on June 15, 2022. The record date for this dividend is May 27, 2022. Additionally, a dividend of $1.00 per share is announced for cumulative preferred stock, also payable on June 15, 2022. Net sales for the company reached $19.4 billion in 2021. International Paper is a leading supplier of renewable fiber-based products, with substantial operations across North America, Latin America, North Africa, and Europe.

Positive

• Quarterly dividend of $0.4625 per share, indicating ongoing shareholder income.
• Preferred stock dividend of $1.00 per share shows confidence in sustaining dividend payouts.
• Strong revenue performance with net sales of $19.4 billion in 2021.

Negative

• None.

MEMPHIS, Tenn., May 10, 2022 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from April 1, 2022, to June 30, 2022, inclusive, on the common stock, par value $1.00. This dividend is payable on June 15, 2022, to holders of record at the close of business on May 27, 2022.

Today, the company also declared a regular quarterly dividend of $1.00 per share for the period from April 1, 2022, to June 30, 2022, inclusive, on the cumulative $4.00 preferred stock of the Company. This dividend is also payable on June 15, 2022, to holders of record at the close of business on May 27, 2022.

About International Paper
International Paper (NYSE: IP) is a leading global supplier of renewable fiber-based products. We produce corrugated packaging products that protect and promote goods, and enable worldwide commerce, and pulp for diapers, tissue and other personal care products that promote health and wellness. Headquartered in Memphis, Tenn., we employ approximately 38,000 colleagues globally. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2021 were $19.4 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 for Q2 2022?

International Paper declared a quarterly dividend of $0.4625 per share for the period from April 1, 2022, to June 30, 2022.

When will the dividends for International Paper be paid?

The dividends will be paid on June 15, 2022.

What is the record date for the quarterly dividend of International Paper?

The record date for the quarterly dividend is May 27, 2022.

What are the net sales figures for International Paper in 2021?

International Paper reported net sales of $19.4 billion for the year 2021.