International Paper Increases Cash Dividend 14% to $1.20 per share
International Paper’s (NYSE: IP) board of directors today increased the company’s quarterly dividend by 14% to $0.30 per share for the period from October 1, 2012, to December 31, 2012, inclusive, on its common stock, par value $1.00. This dividend is payable on December 17, 2012, to holders of record at the close of business on November 15, 2012.