International Paper Declares Dividends

Oct 12, 2010, 11:30 ET from International Paper

MEMPHIS, Tenn., Oct. 12 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) today declared a regular quarterly dividend of $0.125 per share for the period from Oct. 1, 2010, to Dec. 31, 2010, inclusive, on its common stock, par value $1. This dividend is payable on Dec. 15, 2010, to holders of record at the close of business on Nov. 16, 2010.

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The company also declared a regular quarterly dividend of $1 per share for the period from Oct. 1, 2010, to Dec. 31, 2010, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on Dec. 15, 2010, to holders of record at the close of business on Nov. 16, 2010.

About International Paper

International Paper (NYSE: IP) is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include uncoated papers, industrial and consumer packaging and distribution. Headquartered in Memphis, Tenn., the company employs about 60,000 people in more than 20 countries and serves customers worldwide. 2009 net sales were more than $23 billion. For more information about International Paper, its products and stewardship efforts, visit internationalpaper.com .

SOURCE International Paper



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