International Paper Company (NYSE:IP – Get Free Report) announced a quarterly dividend on Monday, October 12th. Stockholders of record on Monday, November 16th will be given a dividend of $0.4625 per share by the basic materials company on Tuesday, December 15th. This represents a $1.85 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Monday, November 16th.
International Paper has a dividend payout ratio of 54.7% meaning its dividend is sufficiently covered by earnings. Analysts expect International Paper to earn $2.99 per share next year, which means the company should continue to be able to cover its $1.85 annual dividend with an expected future payout ratio of 61.9%.
International Paper Trading Down 1.2%
NYSE IP opened at $31.72 on Tuesday. The company’s fifty day simple moving average is $36.93 and its 200-day simple moving average is $36.09. International Paper has a 52 week low of $29.26 and a 52 week high of $50.25. The company has a current ratio of 1.10, a quick ratio of 0.84 and a debt-to-equity ratio of 0.57. The stock has a market cap of $16.80 billion, a P/E ratio of -4.86, a PEG ratio of 4.09 and a beta of 0.93.
Analysts Set New Price Targets
IP has been the topic of a number of recent analyst reports. Zacks Research upgraded shares of International Paper from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Wells Fargo & Company lowered their target price on International Paper from $46.00 to $42.00 and set an “overweight” rating for the company in a research note on Wednesday, October 7th. Wall Street Zen lowered International Paper from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. Truist Financial dropped their target price on International Paper from $49.00 to $41.00 and set a “buy” rating on the stock in a research report on Monday. Finally, Argus reiterated a “buy” rating and issued a $45.00 price target on shares of International Paper in a research note on Thursday, September 24th. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $46.90.
Read Our Latest Stock Analysis on IP
International Paper Company Profile
International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and paper products. The company manufactures corrugated packaging, containerboard and other fiber-based packaging solutions used to protect, transport and display goods, along with market pulp and specialty paper products.
Founded in 1898, International Paper has developed operations serving customers across North America and Europe. Its activities also include recycling and the recovery of fiber used in paper and packaging production, supporting the company’s focus on renewable and recyclable materials.
International Paper completed its combination with DS Smith in 2025, expanding its geographic reach and packaging capabilities.
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