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International Paper declared on Jan. 11 a quarterly dividend of $0.4625 per share for the period from Jan. 1-March 31, inclusive, on the common stock, par value $1. 

An IP press release continued by stating that this dividend is payable on March 15 to holders of record at the close of business on Feb. 18.

On Jan. 11, IP also declared a regular quarterly dividend of $1 per share for the period from Jan. 1-March 31, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on March 15 to holders of record at the close of business on Feb. 18.