MEMPHIS, Tenn., Jan. 9, 2024 /PRNewswire/ -- International Paper (NYSE:IP) today declared a quarterly dividend of $0.4625 per share for the period from January 1, 2024, to March 31, 2024, inclusive, on the common stock, par value $1.00, of the Company, payable on March 15, 2024, to holders of record at the close of business on February 22, 2024.

Today, the company also declared a quarterly dividend of $1.00 per share for the period from January 1, 2024, to March 31, 2024, inclusive, on the cumulative $4.00 preferred stock of the Company, payable on March 15, 2024, to holders of record at the close of business on February 22, 2024.

About International Paper

International Paper (NYSE:IP) is a global producer of planet-friendly packaging, pulp and other fiber-based products, and one of North America'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, Latin America, North Africa and Europe. Net sales for 2022 were $21.2 billion. Additional information can be found by visiting internationalpaper.com.

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SOURCE International Paper