International Paper Declares Dividend
International Paper (NYSE: IP) declared a quarterly dividend of $0.4625 per share for the period of July 1, 2022, to September 30, 2022, payable on September 15, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
International Paper (NYSE: IP) declared a quarterly dividend of $0.4625 per share for the period of July 1, 2022, to September 30, 2022, payable on September 15, 2022. Shareholders of record must hold their shares by the close of business on August 15, 2022. Additionally, a regular quarterly dividend of $1.00 per share on the cumulative preferred stock was also announced for the same period, with identical payment terms. International Paper is a major supplier of renewable fiber-based products, with net sales reaching $19.4 billion in 2021.
Positive
- Quarterly dividend of $0.4625 per share declared, reflecting shareholder income.
- Regular quarterly dividend of $1.00 per share on preferred stock supports investor confidence.
- Strong financial performance with net sales of $19.4 billion in 2021.
Negative
- None.
Details
News Market Reaction – IP
The recorded move for IP in the trading session of this news was -1.47%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MEMPHIS, Tenn., July 12, 2022 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of
Today, the company also declared a regular quarterly dividend of
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
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SOURCE International Paper
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