Memphis, Tenn. – International Paper today declared a quarterly dividend of $0.5125 per share for the period from April 1, 2020, to June 30, 2020, inclusive, on its common stock, par value $1.00. This dividend is payable on June 15, 2020, to holders of record at the close of business on May 27, 2020.

Today the company also declared a regular quarterly dividend of $1.00 per share for the period from April 1, 2020, to June 30, 2020, inclusive, on the cumulative $4.00 preferred stock of the company. This dividend is also payable on June 15, 2020, to holders of record at the close of business on May 27, 2020.