International Paper Announces New Quarterly Dividend Program
International Paper Announces Quarterly Dividend
International Paper (NYSE: IP) recently made a significant announcement regarding its quarterly dividend. The company declared a dividend of $0.4625 per share, applicable for the period from January 1 to March 31, 2025. This dividend will be payable on March 17, 2025, to shareholders who are on record as of February 24, 2025.
Details of the Declared Dividends
In addition to the aforementioned common stock dividend, International Paper also declared a quarterly dividend of $1.00 per share for its cumulative $4.00 preferred stock. This payment will follow the same schedule, making it another noteworthy financial commitment by the company.
About International Paper
International Paper (NYSE: IP) is a prominent global player in the production of sustainable packaging, pulp, and other fiber-based products. With its headquarters in Memphis, TN, the company boasts a workforce of approximately 39,000 dedicated employees who are focused on innovation and sustainability. Their manufacturing operations span across various regions, including North America, Europe, North Africa, and Latin America. In 2023, they reported impressive net sales of $18.9 billion, underscoring their strong market presence.
Commitment to Sustainability
International Paper is committed to environmental stewardship and sustainability. It is one of the leading recyclers in the world, striving to minimize its ecological footprint while delivering high-quality products. The company's dedication to creating sustainable solutions is evident through its wide array of fiber-based products that cater to diverse customer needs globally.
Recent Achievements and Innovations
The company continues to innovate within the packaging industry, adopting new technologies and processes that enhance productivity and reduce waste. As the demand for environmentally friendly packaging rises, International Paper is well-positioned to leverage its expertise in creating sustainable materials.
Global Impact and Presence
With a robust international presence, International Paper serves a diverse customer base around the globe. Their strategic manufacturing locations enable them to meet the needs of various markets efficiently while maintaining high standards of quality in their products.
Frequently Asked Questions
What is the amount of the latest dividend declared by International Paper?
The latest dividend declared by International Paper is $0.4625 per share for the common stock and $1.00 per share for the cumulative preferred stock.
When will the dividends be paid?
The dividends will be payable on March 17, 2025, for shareholders on record as of February 24, 2025.
Where is International Paper headquartered?
International Paper is headquartered in Memphis, Tennessee.
What industries does International Paper operate in?
International Paper operates in the sustainable packaging, pulp, and fiber-based products industries.
How many employees does International Paper have worldwide?
The company employs approximately 39,000 colleagues globally.
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