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The dividend is being increased 17 percent from $0.30 to $0.35 per share for the period from Oct. 1, 2013, to Dec. 31, 2013, inclusive, on the company's common stock, par value $1.00. This dividend is payable on Dec. 16, 2013, to holders of record at the close of business on Nov. 15, 2013. The company's board of directors also declared a regular quarterly dividend of $1.00 per share for the period from Oct. 1, 2013, to Dec. 31, 2013, inclusive, on the cumulative $4.00 preferred stock of the company. This dividend is also payable on Dec. 16, 2013, to holders of record at the close of business on Nov. 15, 2013.
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- Companies:
- International Paper
- People:
- John Faraci
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