International Paper declared a quarterly dividend of USD 0.4625 per share for the period from July 1, 2017, to September 30, 2017, inclusive, on its common stock, par value USD 1.00.
According to the announcement, the dividend is payable on September 15, 2017, to holders of record at the close of business on August 15, 2017.
Earlier Huhtamäki acquires International Paper’s foodservice packaging operations in China.
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.