International Paper As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
IP $1.85 0.0% -100.0% -9.8%
Business yield Hike yrs 5 yr CAGR freq. paid since
Paper Packaging 5.2% 0 N/A Quarter N/A

International Paper (IP) will raise its quarterly dividend by 5 cents (14.3 percent) to $0.40 per share in the fourth quarter of 2014. Last year IP also hiked its dividend by $0.05 per share.

The increased dividend is payable on December 15, 2014, to holders of record at the close of business on November 17, 2014. The ex-date for this next dividend of 40 cents per share is November 13, 2014.

International Paper Company is a producer of renewable fiber-based packaging, pulp and paper products. The company’s manufacturing operations are located in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. IP makes packaging products, pulp for diapers, tissue and other personal hygiene products, paper bags, cups and food containers and papers that facilitate education and communication.