International Paper Increases Cash Dividend 14% to $1.60 per share
International Paper’s (NYSE: IP) board of directors today increased the company’s quarterly dividend by 14% from $.35 to $0.40 per share for the period from October 1, 2014, to December 31, 2014, inclusive, on its common stock, par value $1.00. This dividend is payable on December 15, 2014, to holders of record at the close of business on November 17, 2014.