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 2.7 percent to $0.475 per share in the fourth quarter of 2017. Last year the paper packaging company hiked its quarterly dividend from 44 cents to 46.25 cents per share.

The increased dividend is payable on December 15, 2017, to holders of record at the close of business on November 15, 2017. The ex-date for this next dividend of 47.5 cents is November 14.

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.