Looking at the universe of stocks we cover at Dividend Channel, on 5/24/19, International Paper Co (Symbol: IP) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 6/14/19. As a percentage of IP's recent stock price of $45.07, this dividend works out to approximately 1.11%, so look for shares of International Paper Co to trade 1.11% lower — all else being equal — when IP shares open for trading on 5/24/19.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IP is likely to continue, and whether the current estimated yield of 4.44% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IP shares, versus its 200 day moving average:
Looking at the chart above, IP's low point in its 52 week range is $37.55 per share, with $59.57 as the 52 week high point — that compares with a last trade of $44.91.
In Wednesday trading, International Paper Co shares are currently up about 1.3% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.