International Paper declared a quarterly dividend on preferred stock payable on December 15, 2017

International Paper declared a regular quarterly dividend of USD 1.00 per share for the period from October 1, 2017, to December 31, 2017, inclusive, on the cumulative USD 4.00 preferred stock of the company. The dividend is also payable on December 15, 2017, to holders of record at the close of business on November 15, 2017.

In 2Q2017 International Paper made Loss from Continuing Operations Before Income Taxes and Equity Earnings.

The company declared a quarterly dividend on its common stock payable on December 15, 2017

Earlier International Paper reduced the company’s pension liabilities by USD 1.3 billion

About International Paper:

The company is a global leader in packaging and paper with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include industrial and consumer packaging along with uncoated papers and pulp. International Paper net sales for 2016 were USD 21 billion. The company employs approximately 58,000 people and is strategically located in more than 24 countries serving customers worldwide.

Source: Woodbizforum