International Paper Declares Quarterly Dividend

Rhea-AI Summary

International Paper (NYSE: IP) has declared quarterly dividends for its common and preferred stock. For common stock, a dividend of $0.4625 per share will be paid on December 16, 2024, to shareholders of record as of November 15, 2024. This dividend covers the period from October 1, 2024, to December 31, 2024. Additionally, a quarterly dividend of $1.00 per share on the cumulative $4.00 preferred stock has been declared for the same period, also payable on December 16, 2024, to holders of record as of November 15, 2024.

Positive

• Consistent dividend payment indicates financial stability
• Dividend provides income for shareholders

Negative

• None.

News Market Reaction – IP

-0.71%

-0.71% Session move

In the trading session that priced this news, IP declined 0.71%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MEMPHIS, Tenn., Oct. 14, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from October 1, 2024, to December 31, 2024, inclusive, on the common stock, par value $1.00, of the Company, payable on December 16, 2024, to holders of record at the close of business on November 15, 2024.

Today, the company also declared a quarterly dividend of $1.00 per share for the period from October 1, 2024, to December 31, 2024, inclusive, on the cumulative $4.00 preferred stock of the Company, payable on December 16, 2024, to holders of record at the close of business on November 15, 2024.

About International Paper
International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and other fiber-based products, and one of the world'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, Europe, Latin America and North Africa. Net sales for 2023 were $18.9 billion. Additional information can be found by visiting internationalpaper.com.

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SOURCE International Paper

FAQ

What is the amount of International Paper's (IP) quarterly dividend for common stock?

International Paper (IP) has declared a quarterly dividend of $0.4625 per share for common stock.

When will International Paper (IP) pay its next dividend?

International Paper (IP) will pay its next dividend on December 16, 2024.

What is the record date for International Paper's (IP) upcoming dividend?

The record date for International Paper's (IP) upcoming dividend is November 15, 2024.

What is the dividend amount for International Paper's (IP) preferred stock?

International Paper (IP) has declared a quarterly dividend of $1.00 per share for its cumulative $4.00 preferred stock.