Interpool, Inc. announced Monday that it will pay a cash dividend of $.0625 cents per share for the fourth quarter of 2003, payable on January 15, 2004 to shareholders of record on January 2, 2004.

The payout will cost the company approximately $1,700,000. Interpool is the world’s largest lessor of intermodal container chassis and a world-leading lessor of cargo containers used in international trade, company officials said.