International Paper Company announced that it has dividend is being decreased by 9.8% from $0.5125 to $0.4625 per share for the period from October 1, 2021, to December 31, 2021, inclusive, on the company's common stock, par value $1.00. This dividend is payable on December 15, 2021, to holders of record at the close of business on November 15, 2021.