International Paper Company (
) will begin trading ex-dividend on February 13, 2013. A cash
dividend payment of $0.3 per share is scheduled to be paid on March
15, 2013. Shareholders who purchased IP stock prior to the
ex-dividend date are eligible for the cash dividend payment. This
represents an 14.29% increase over the same period a year ago.
The previous trading day's last sale of IP was $42.6,
representing a -0.7% decrease from the 52 week high of $42.90 and a
56.1% increase over the 52 week low of $27.29.
IP is a part of the Basic Industries sector, which includes
companies such as Fibria Celulose S.A. (
) and Meadwestvaco Corporation (
). IP's current earnings per share, an indicator of a company's
profitability, is $1.81. Zacks Investment Research reports IP's
forecasted earnings growth in 2013 as 36.14%, compared to an
industry average of 4.2%.
For more information on the declaration, record and payment
dates, visit the
Interested in gaining exposure to IP through an Exchange
Traded Fund [ETF]?
The following ETF(s) have IP as a top-10 holding:
- Guggenheim Timber ETF (
- iShares S&P Global Timber &Forestry Index Fund (
- Select Sector SPDR Fund - Basic Industries (
- iShares Dow Jones U.S. Basic Materials Index (
- Guggenheim S&P 500 Equal Weight Materials ETF (
The top-performing ETF of this group is CUT with an increase of
15.41% over the last 100 days. It also has the highest percent
weighting of IP at 4.68%.