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International Paper Declares 25 Cent Dividend

July 8, 2008 (FinancialWire) International Paper (NYSE: IP) (Current Market Cap: US$9.57 Bil.) has declared a regular quarterly dividend of $0.25 per share for the period from July 1 to September 30 on its common stock. This dividend is payable on September 15 to holders of record at the close of business on August 18. The company also declared a regular quarterly dividend of $1 per share for the period from July 1 to September 30 on its cumulative $4 preferred stock. This dividend is also payable on September 15 to holders of record at the close of business on August 18. Memphis, Tennessee-based International Paper is a paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. FinancialWire is a fully independent, proprietary news wire service of... [read full story]                    

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