International Paper Company (
) will begin trading ex-dividend on May 22, 2013. A cash dividend
payment of $0.3 per share is scheduled to be paid on June 14, 2013.
Shareholders who purchased IP stock prior to the ex-dividend date
are eligible for the cash dividend payment. This marks the 3rd
quarter that IP has paid the same dividend. At the current stock
price of $47.51, the dividend yield is 2.53%.
The previous trading day's last sale of IP was $47.51,
representing a -3.24% decrease from the 52 week high of $49.10 and
a 74.09% increase over the 52 week low of $27.29.
IP is a part of the Basic Industries sector, which includes
companies such as Meadwestvaco Corporation (
) and Fibria Celulose S.A. (
). IP's current earnings per share, an indicator of a company's
profitability, is $2.09. Zacks Investment Research reports IP's
forecasted earnings growth in 2013 as 39.03%, compared to an
industry average of 10.5%.
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 Dow Jones U.S. Basic Materials Index (
- Select Sector SPDR Fund - Basic Industries (
- iShares S&P Global Timber &Forestry Index Fund (
- Guggenheim S&P 500 Equal Weight Materials ETF (
The top-performing ETF of this group is CUT with an increase of
14.22% over the last 100 days. It also has the highest percent
weighting of IP at 5.04%.