International Paper Declares Dividend

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International Paper (NYSE: IP) has declared a quarterly dividend of $0.4625 per share for the period from July 1, 2023, to September 30, 2023, inclusive, on the common stock. The dividend is payable on September 15, 2023, to holders of record at the close of business on August 15, 2023. Additionally, the company declared a quarterly dividend of $1.00 per share for the same period on the cumulative $4.00 preferred stock, payable on the same date to holders of record on the same date.

MEMPHIS, Tenn., July 11, 2023 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from July 1, 2023, to September 30, 2023, inclusive, on the common stock, par value $1.00, of the Company, payable on September 15, 2023, to holders of record at the close of business on August 15, 2023.

Today, the Company also declared a quarterly dividend of $1.00 per share for the period from July 1, 2023, to September 30, 2023, inclusive, on the cumulative $4.00 preferred stock of the Company, payable on September 15, 2023, to holders of record at the close of business on August 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 declared by International Paper for the common stock?

International Paper has declared a quarterly dividend of $0.4625 per share for the period from July 1, 2023, to September 30, 2023, inclusive, on the common stock.

When will the dividend be payable?

The dividend declared by International Paper will be payable on September 15, 2023.

Who are eligible to receive the dividend?

Holders of record at the close of business on August 15, 2023, will be eligible to receive the dividend declared by International Paper.

What is the dividend declared by International Paper for the preferred stock?

International Paper has declared a quarterly dividend of $1.00 per share for the period from July 1, 2023, to September 30, 2023, inclusive, on the cumulative $4.00 preferred stock.