Aggressive · Income · Stocks to Consider and Updates

International Paper Hikes Payout

ipInternational Paper Co. (NYSE: IP – $57.52) a producer of renewable fiber-based packaging, said that it raised its annual dividend by 2.7% to $1.90 a share. The quarterly dividend was set at $0.475 per share. A dividend for the period from Oct. 1, to Dec. 31, will be paid on Dec. 15, to holders of record at the close of business on Nov. 15.

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