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Data last updated: Oct 19, 2026
Snapshot (as of Oct 19, 2026): International Paper Company (IP) pays a $1.85 annual dividend ($0.46 quarterly), yielding 5.43% at $34.05/share. Next ex-dividend date 2026-11-16. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 5.43%
Annual Dividend: $1.85 per share
Payout Ratio: 402.2% (based on depressed trailing earnings — see safety analysis below)
Ex-Dividend Date: 2026-11-16
Dividend Frequency: quarterly
Sector: Consumer Cyclical
Years of Dividend History: 57
International Paper Company dividend investors are looking at a 5.76% yield from one of the oldest packaging companies in North America, founded in 1898 and headquartered in Memphis, Tennessee. IP produces fiber-based packaging including linerboard, corrugated boxes, and specialty containers, serving customers in food and beverage, agriculture, and pharmaceuticals across North America, Latin America, Europe, and North Africa. The trailing annual dividend rate is $1.85 per share, paid quarterly, with the next ex-dividend date on August 14, 2026. A beta of 0.889 means IP stock moves somewhat less than the broader market, which appeals to income-focused investors who prioritize lower volatility.
International Paper Company pays out 402.2% of earnings as dividends, a payout ratio classified as high (above 75%). That figure is well above 100%, meaning current earnings alone do not cover the dividend. International Paper Company dividend safety is the central question for any income investor here, and the 402.2% payout ratio is the most significant data-supported pressure point. IP's products serve essential end markets like food and beverage, agriculture, and pharmaceuticals, which provides demand continuity, but that does not offset the arithmetic of a payout ratio this elevated.
International Paper Company dividend history shows a CAGR of 5.2% per year from 2011 to 2025. The per-share annual dividend grew from $0.9124 in 2011 to $1.85 in 2025 (2026 is a partial year and excluded from this calculation). Growth was front-loaded: the largest annual increase in the window was 16.8% in 2014. Since 2019, the dividend has been flat or slightly declining, and the rate has held at $1.85 per share for four consecutive years through 2025. That plateau means the 5.2% CAGR overstates recent momentum.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | 0.0% | $1.85 (2022) | $1.85 (2025) |
| 5-Year | -1.0% | $1.94 (2020) | $1.85 (2025) |
| 10-Year | +1.8% | $1.55 (2015) | $1.85 (2025) |
IP stock fits income-focused investors who want a high current yield from a company with deep roots in essential packaging markets. The current yield of 5.76% is classified as high (above 4%), and it sits well above IP's own 5-year average yield of 4.47%, which reflects the stock's price decline rather than dividend growth. The trade-off is real: the payout ratio of 402.2% is not covered by current earnings, and the dividend has been flat at $1.85 per share since 2022. Three consecutive years of increases are on record, but recent history is one of stagnation, not growth. An investor in International Paper Company gets a high headline yield and lower-than-market volatility, accepting a payout structure that carries meaningful sustainability questions.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-14 | $0.4625 |
| 2026-05-22 | $0.4625 |
| 2026-02-23 | $0.4625 |
| 2025-11-14 | $0.4625 |
| 2025-08-15 | $0.4625 |
| 2025-05-23 | $0.4625 |
| 2025-02-24 | $0.4625 |
| 2024-11-15 | $0.4625 |
| 2024-08-15 | $0.4625 |
| 2024-05-23 | $0.4625 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.3875 |
| 2025 | $1.8500 |
| 2024 | $1.8500 |
| 2023 | $1.8500 |
| 2022 | $1.8500 |
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