Pulp and Paper Magazine, Vol. XIII, No. 20, October 15, 1916 / A Semi-Monthly Magazine Devoted to the Science and Practice of the Pulp and Paper Manufacturing Industry with an Up-to-date Review of Conditions in the Allied Trades.

by Various

INTERNATIONAL PAPER INCREASES DIVIDEND

The International Paper Company doubled its dividend last week by declaring a quarterly distribution of 1 per cent., or 4 per cent. per annum on the preferred stock, as compared with the 2 per cent. annual rate maintained since 1908. There is $22,407,000 of the preferred outstanding.

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