International Paper Declares Dividend

International Paper declared a quarterly dividend of $0.44 per share for the period from Jan. 1, 2016, to March 31, 2016, inclusive, on its common stock, par value $1.00. This dividend is payable on March 15, 2016, to holders of record at the close of business on Feb. 16, 2016.
 
The company also declared a regular quarterly dividend of $1.00 per share for the period from Jan. 1, 2016, to March 31, 2016, inclusive, on the cumulative $4.00 preferred stock of the company. This dividend is also payable on March 15, 2016, to holders of record at the close of business on Feb. 16, 2016.