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International Paper Company (IP) logo

International Paper Company

S&P 500

IP/Consumer Cyclical · Packaging & Containers/NYSE

Dividend Yield

5.02%

$1.85 · Annual Dividend

Stock Price$39.02P/E41.8MCap19.5BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

43/ 100Caution

IP's dividend shows some areas that warrant monitoring. Strengths include a 24.2% net debt / total assets & 65.9 debt-to-equity. Areas of concern: 158.1% earnings payout ratio & 176.8% fcf payout ratio.

Based on 15 of 15 metrics

Strengths

  • Debt-to-Equity: 65.9Conservative debt level relative to equity.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
  • Dividend Cut: NoneNo dividend cut in recent history.

Risks

  • Earnings Payout Ratio: 158.1%High earnings payout ratio leaves little safety margin.
  • FCF Payout Ratio: 176.8%Free cash flow is tight relative to the dividend.
  • Interest Coverage: -5.1xInterest coverage is thin relative to debt servicing.

Payout & Coverage

Warning
176.8%Danger
54.1%Caution

Balance Sheet

Safe

Profitability

Warning
-16.0%Danger
3.7%Warning
28.9%Caution

Dividend Track Record

Safe
11+ yrsVery Safe
NoneVery Safe
Mostly StableCaution

About International Paper Company

International Paper Company is a leading global producer of renewable fiber-based packaging and pulp products. It operates primarily through two segments: Industrial Packaging, which includes linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft, and Global Cellulose Fibers, offering pulp for applications in diapers, towel and tissue products, feminine care, incontinence, personal care, textiles, construction materials, paints, and coatings. The company holds approximately one-third of the North American corrugated packaging market and has expanded its European presence through the acquisition of DS Smith. International Paper Company serves diverse end markets such as industrial, consumer products, and manufacturing sectors across North America, Latin America, Europe, and North Africa. With around 37,000 employees, it emphasizes sustainable packaging solutions, including recent strategic moves like exploring new facilities and divesting its cellulose fibers unit. In the financial markets, it plays a key role in the packaging and containers industry, providing essential materials for global supply chains.

Dividend Overview

Dividend Yield

5.02%

Annual Dividend

$1.85

Frequency

Quarterly

Payout Ratio

158.12%

FCF Payout Ratio

176.85%

52-Week Range

$29.26 - $56.13

Dividend History (2016–2025)

IP annual dividend per share and yield history

Earnings & Profitability

IP earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 22, 2026

Last Payment Date

June 12, 2026

Dividend Growth

3-Year Dividend CAGR

0.03%

5-Year Dividend CAGR

-0.94%

10-Year Dividend CAGR

1.77%

3-Year Total Growth

0.08%

5-Year Total Growth

-4.63%

10-Year Total Growth

19.22%

Income Calculator

IP Dividend Calculator

Total Investment

$3,902.00

Annual Income

$185.20

Quarterly Income

$46.30

Monthly Income

$15.43

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Frequently Asked Questions

What is IP's current dividend yield?
International Paper Company (IP) currently has a dividend yield of 5.02%, based on a stock price of $39.02 and an annual dividend of $1.85.
When is IP's next dividend payment date?
IP's next ex-dividend date is 2026-05-22 and the next payment date is 2026-06-12. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does IP pay in dividends per year?
International Paper Company paid $1.85 per share in annual dividends in 2025. The dividends are paid quarterly.
Has IP been increasing its dividend?
International Paper Company has grown its dividend at a 5-year CAGR of -0.94% and a 10-year CAGR of 1.77%.
Is IP's dividend safe?
International Paper Company has a payout ratio of 158.12%. Its free cash flow payout ratio is 176.85%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is IP's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates International Paper Company's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for consumer cyclical companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.