International Paper Company
IPConsumer Cyclical · Stock · quarterly payer
Forward Yield
5.08%
Annual Dividend
$1.85
Payout Ratio
—
5-Yr Growth
-1.0%
Ex-Date
—
Frequency
Quarterly
Summary
As of September 2026, International Paper Company (IP) yields 5.08% ($1.85 per share annually), with a blended fair-value estimate of $41.71 — +6% upside, so it screens as fairly valued. Dividend safety grade: B (66/100).
Is IP a good dividend stock?
Yes, with caveatsInternational Paper Company (IP) pays a quarterly dividend yielding 5.08% ($1.85/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2022
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.08%
- Payout Ratio
- —
- Annual Dividend
- $1.85
- 5-Yr Avg Growth
- -1.0%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.89
- Market Cap
- $19.3B
- P/E Ratio
- —
- 5-Yr Total Return
- -26%
- 52-Week Range
- $29.26 – $50.25
- Dividend Safety
- B · 66/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
IP Price — Last 12 Months
Daily close
Price Return
1 Year
-15%
3 Years
+11%
5 Years
-26%
52-Week Range
$29.26 – $50.25
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is IP worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for International Paper Company is $41.71 per share, versus a market price of $39.31. That implies the stock is roughly fairly priced.
Fair Value
$41.71
Current Price
$39.31
Gap
+6%
Margin of Safety
6%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 19.9% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.8% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, -$5.31 EPS, $1.85 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
IP Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.4630 | regular |
| May 22, 2026 | — | $0.4630 | regular |
| Feb 23, 2026 | — | $0.4630 | regular |
| Nov 14, 2025 | — | $0.4630 | regular |
| Aug 15, 2025 | — | $0.4630 | regular |
| May 23, 2025 | — | $0.4630 | regular |
| Feb 24, 2025 | — | $0.4630 | regular |
| Nov 15, 2024 | — | $0.4630 | regular |
| Aug 15, 2024 | — | $0.4630 | regular |
| May 23, 2024 | — | $0.4630 | regular |
| Feb 21, 2024 | — | $0.4630 | regular |
| Nov 14, 2023 | — | $0.4630 | regular |
| Aug 14, 2023 | — | $0.4630 | regular |
| May 25, 2023 | — | $0.4630 | regular |
Income Calculator
At $1.85 / yr per share
