International Paper Company (NYSE: IP) announced today that its Board of Directors has declared a quarterly dividend of $0.4625 per share for the company’s common stock. This dividend will be payable on September 15, 2024, to shareholders of record through August 15, 2024.
This announcement underscores International Paper’s ongoing commitment to returning value to shareholders. The company, a leading global manufacturer of renewable fiber packaging, pulp and paper products, has prioritized financial stability and shareholder returns
Strong Financial Performance And Commitment To Shareholders
This quarterly dividend announcement by International Paper reflects the company’s strong financial health and consistent performance. Over the years, the international paper has maintained consistent dividend payments, demonstrating credibility and confidence in its investment strategies
International Paper President and CEO Mark Sutton emphasized the importance of this dividend announcement: “Our commitment to deliver consistent and reliable returns to our shareholders remains steadfast.” Announcing this quarterly dividend is a testament to our financial strength and our commitment to generate value for our investors.” .”
Overview Of The Company
International Paper is known for a wide range of products including corrugated packaging and pulp for diapers, tissues and other personal care products The company operates in more than 24 countries, employing approximately 38,000 people work around the world. His work focuses on sustainable and innovative products that help improve the environment and support active communities.
A View Of The Future
As the company continues to innovate and expand its product offerings, it remains committed to its core values of safety, ethics and sustainability The International Paper is well positioned to meet global market challenges and maintain its commitment to providing value for its shareholders.
Other Information
For more information on quarterly dividends and other financial news, shareholders and interested parties may refer to International Paper’s [official press release]
About The International Paper
International Paper (NYSE: IP) is a global leader in the manufacture of renewable fibre packaging, pulp and paper products, serving customers worldwide. The company is headquartered in Memphis, Tennessee and is committed to sustaining forest resources, promoting sustainable practices and positively impacting the communities in which it operates.