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International Paper Co Increases Cash Dividend 14% To $1.20 Per Share


Tuesday, 9 Oct 2012 04:01pm EDT 

International Paper Co announced that the board of directors increased the Company's quarterly dividend by 14% to $0.30 per share for the period from October 1, 2012, to December 31, 2012, inclusive, on its common stock, par value $1.00. This dividend is payable on December 17, 2012, to holders of record at the close of business on November 15, 2012. Additionally, the company also declared a regular quarterly dividend of $1.00 per share for the period from October 1, 2012, to December 31, 2012, inclusive, on the cumulative $4.00 preferred stock of the company. This dividend is also payable on December 17, 2012, to holders of record at the close of business on November 15, 2012. 

Company Quote

48.6
-0.48 -0.98%
17 Sep 2014