International Paper (IP) Dividend History & Yield
International Paper (IP) has increased its dividend for multiple years and currently yields 5.99%. The most recent dividend was $0.4625/share on Mar 17, 2026, paid Quarterly.
Current Yield
5.99%
TTM Dividend/Share
$1.85
Payment Frequency
Quarterly
Payout Ratio
-27.8%
Consecutive Growth Years
0
Div Growth (1Y CAGR)
0.00%
Div Growth (5Y CAGR)
-0.98%
Div Growth (10Y CAGR)
1.77%
IP: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
5.0%
FCF payout ratio
43.2%
Net debt / EBITDA
-230.8x
Interest coverage
-8.29x
ROIC (TTM)
-11.6%
Dividend Safety Score
3 out of 8 checks passed
Payout ratio below 75%
Payout ratio is -27.8%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($-0.30) does not fully cover dividend/share ($1.85).
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 43.2%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -230.8x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (-1.0%) exceeds EPS growth (-38.4%) — payout ratio expanding.
Per-payment dividend history
Ex-date May 22, 2026
- Payment date
- Jun 12, 2026
- Dividend
- $0.4625
- Adj. dividend
- $0.4625
Ex-date Feb 23, 2026
- Payment date
- Mar 17, 2026
- Dividend
- $0.4625
- Adj. dividend
- $0.4625
Ex-date Nov 14, 2025
- Payment date
- Dec 16, 2025
- Dividend
- $0.4625
- Adj. dividend
- $0.4625
Ex-date Aug 15, 2025
- Payment date
- Sep 16, 2025
- Dividend
- $0.4625
- Adj. dividend
- $0.4625
Ex-date May 23, 2025
- Payment date
- Jun 13, 2025
- Dividend
- $0.4625
- Adj. dividend
- $0.4625
Ex-date Feb 24, 2025
- Payment date
- Mar 17, 2025
- Dividend
- $0.4625
- Adj. dividend
- $0.4625
Ex-date Nov 15, 2024
- Payment date
- Dec 16, 2024
- Dividend
- $0.4625
- Adj. dividend
- $0.4625
Ex-date Aug 15, 2024
- Payment date
- Sep 16, 2024
- Dividend
- $0.4625
- Adj. dividend
- $0.4625
Ex-date May 23, 2024
- Payment date
- Jun 14, 2024
- Dividend
- $0.4625
- Adj. dividend
- $0.4625
Ex-date Feb 21, 2024
- Payment date
- Mar 15, 2024
- Dividend
- $0.4625
- Adj. dividend
- $0.4625
Ex-date Nov 14, 2023
- Payment date
- Dec 15, 2023
- Dividend
- $0.4625
- Adj. dividend
- $0.4625
Ex-date Aug 14, 2023
- Payment date
- Sep 15, 2023
- Dividend
- $0.4625
- Adj. dividend
- $0.4625
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 22, 2026 | Jun 12, 2026 | $0.4625 | $0.4625 |
| Feb 23, 2026 | Mar 17, 2026 | $0.4625 | $0.4625 |
| Nov 14, 2025 | Dec 16, 2025 | $0.4625 | $0.4625 |
| Aug 15, 2025 | Sep 16, 2025 | $0.4625 | $0.4625 |
| May 23, 2025 | Jun 13, 2025 | $0.4625 | $0.4625 |
| Feb 24, 2025 | Mar 17, 2025 | $0.4625 | $0.4625 |
| Nov 15, 2024 | Dec 16, 2024 | $0.4625 | $0.4625 |
| Aug 15, 2024 | Sep 16, 2024 | $0.4625 | $0.4625 |
| May 23, 2024 | Jun 14, 2024 | $0.4625 | $0.4625 |
| Feb 21, 2024 | Mar 15, 2024 | $0.4625 | $0.4625 |
| Nov 14, 2023 | Dec 15, 2023 | $0.4625 | $0.4625 |
| Aug 14, 2023 | Sep 15, 2023 | $0.4625 | $0.4625 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
The table shows 21 year-over-year increases across 56 calendar years of data (1970–2025).
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.8500 | — | — |
| 2025 | $1.8500 | $1.8500 | 0.0% |
| 2024 | $1.8500 | $1.8500 | 0.0% |
| 2023 | $1.8500 | $1.8500 | 0.0% |
| 2022 | $1.9199 | $1.8500 | -3.6% |
| 2021 | $1.9432 | $1.9199 | -1.2% |
| 2020 | $1.9063 | $1.9432 | +1.9% |
| 2019 | $1.8229 | $1.9063 | +4.6% |
| 2018 | $1.7652 | $1.8229 | +3.3% |
| 2017 | $1.6885 | $1.7652 | +4.5% |
| 2016 | $1.5530 | $1.6885 | +8.7% |
| 2015 | $1.3639 | $1.5530 | +13.9% |
| 2014 | $1.1674 | $1.3639 | +16.8% |
| 2013 | $1.0170 | $1.1674 | +14.8% |
| 2012 | $0.9124 | $1.0170 | +11.5% |
| 2011 | $0.3736 | $0.9124 | +144.2% |
| 2010 | $0.3035 | $0.3736 | +23.1% |
| 2009 | $0.9339 | $0.3035 | -67.5% |
| 2008 | $0.9339 | $0.9339 | 0.0% |
| 2007 | $0.9339 | $0.9339 | 0.0% |
| 2006 | $0.9339 | $0.9339 | 0.0% |
| 2005 | $0.9339 | $0.9339 | 0.0% |
| 2004 | $0.9339 | $0.9339 | 0.0% |
| 2003 | $0.9339 | $0.9339 | 0.0% |
| 2002 | $0.9339 | $0.9339 | 0.0% |
| 2001 | $0.9339 | $0.9339 | 0.0% |
| 2000 | $0.9339 | $0.9339 | 0.0% |
| 1999 | $0.9339 | $0.9339 | 0.0% |
| 1998 | $0.9339 | $0.9339 | 0.0% |
| 1997 | $0.9339 | $0.9339 | 0.0% |
| 1996 | $0.8592 | $0.9339 | +8.7% |
| 1995 | $0.7845 | $0.8592 | +9.5% |
| 1994 | $0.7845 | $0.7845 | 0.0% |
| 1993 | $0.7845 | $0.7845 | 0.0% |
| 1992 | $0.7845 | $0.7845 | 0.0% |
| 1991 | $0.7845 | $0.7845 | 0.0% |
| 1990 | $0.7144 | $0.7845 | +9.8% |
| 1989 | $0.5954 | $0.7144 | +20.0% |
| 1988 | $0.5720 | $0.5954 | +4.1% |
| 1987 | $0.5603 | $0.5720 | +2.1% |
| 1986 | $0.5603 | $0.5603 | 0.0% |
| 1985 | $0.5603 | $0.5603 | 0.0% |
| 1984 | $0.5603 | $0.5603 | 0.0% |
| 1983 | $0.5603 | $0.5603 | 0.0% |
| 1982 | $0.5603 | $0.5603 | 0.0% |
| 1981 | $0.5603 | $0.5603 | 0.0% |
| 1980 | $0.5136 | $0.5603 | +9.1% |
| 1979 | $0.4670 | $0.5136 | +10.0% |
| 1978 | $0.4670 | $0.4670 | 0.0% |
| 1977 | $0.4670 | $0.4670 | 0.0% |
| 1976 | $0.4670 | $0.4670 | 0.0% |
| 1975 | $0.4086 | $0.4670 | +14.3% |
| 1974 | $0.3502 | $0.4086 | +16.7% |
| 1973 | $0.3502 | $0.3502 | 0.0% |
| 1972 | $0.3502 | $0.3502 | 0.0% |
| 1971 | $0.3502 | $0.3502 | 0.0% |
| 1970 | — | $0.3502 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for International Paper (IP) from the consolidated cash flow statement, in USD as filed.
Latest period
$978.00M
YoY change
+51.9%
5Y CAGR
+3.9%
Peak year (2025)
$977.00M
Latest annual
$977.00M
Cash dividends paid over time for International Paper (IP)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for International Paper (IP)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $977.00M | +51.9% | +$334.00M | ||
| 2024 | $643.00M | +0.2% | +$1.00M | ||
| 2023 | $642.00M | -4.6% | -$31.00M | ||
| 2022 | $673.00M | -13.7% | -$107.00M | ||
| 2021 | $780.00M | -3.2% | -$26.00M | ||
| 2020 | $806.00M | +1.3% | +$10.00M | ||
| 2019 | $796.00M | +0.9% | +$7.00M | ||
| 2018 | $789.00M | +2.6% | +$20.00M | ||
| 2017 | $769.00M | +4.9% | +$36.00M | ||
| 2016 | $733.00M | +7.0% | +$48.00M | ||
| 2015 | $685.00M | +10.5% | +$65.00M | ||
| 2014 | $620.00M | +11.9% | +$66.00M | ||
| 2013 | $554.00M | +16.4% | +$78.00M | ||
| 2012 | $476.00M | +11.5% | +$49.00M | ||
| 2011 | $427.00M | +144.0% | +$252.00M | ||
| 2010 | $175.00M | +25.0% | +$35.00M | ||
| 2009 | $140.00M | -67.3% | -$288.00M | ||
| 2008 | $428.00M | -1.8% | -$8.00M | ||
| 2007 | $436.00M | -10.1% | -$49.00M | ||
| 2006 | $485.00M | -1.0% | -$5.00M | ||
| 2005 | $490.00M | +1.0% | +$5.00M | ||
| 2004 | $485.00M | +1.0% | +$5.00M | ||
| 2003 | $480.00M | -0.4% | -$2.00M | ||
| 2002 | $482.00M | 0.0% | $0 | ||
| 2001 | $482.00M | +7.8% | +$35.00M | ||
| 2000 | $447.00M | +6.9% | +$29.00M | ||
| 1999 | $418.00M | -3.0% | -$13.00M | ||
| 1998 | $431.00M | +0.9% | +$4.00M | ||
| 1997 | $427.00M | +46.7% | +$136.00M | ||
| 1996 | $291.00M | +22.8% | +$54.00M | ||
| 1995 | $237.00M | +12.9% | +$27.00M | ||
| 1994 | $210.00M | +1.0% | +$2.00M | ||
| 1993 | $208.00M | +1.0% | +$2.00M | ||
| 1992 | $206.00M | +10.8% | +$20.00M | ||
| 1991 | $186.00M | +1.6% | +$3.00M | ||
| 1990 | $183.00M | -2.1% | -$4.00M | ||
| 1989 | $187.00M | — | — |
In 2025, International Paper (IP) dividends paid totalled $977.00M – surged 51.9% year-over-year.
Through 2020–2025 (5 years), International Paper dividends paid delivered a +3.9% annualised rate; sustaining 2 straight years of year-over-year growth.
Across the available history, dividends paid reached its high of $977.00M in 2025 and its low of $140.00M in 2009.
Within Consumer Cyclical, International Paper (IP) ranks 6th among 8 peers we track. The peer median for dividends paid is $2.24B.
International Paper Dividends Paid 2025: $977.00M
International Paper dividends paid in 2025 was $977.00M, surged 51.9% from 2024. This figure represents the highest annual value in the available history.
International Paper Dividends Paid 2024: $643.00M
International Paper dividends paid in 2024 was $643.00M, edged up 0.2% from 2023.
International Paper Dividends Paid 2023: $642.00M
International Paper dividends paid in 2023 was $642.00M, edged down 4.6% below 2022.
International Paper Dividends Paid 2022: $673.00M
International Paper dividends paid in 2022 was $673.00M, declined 13.7% below 2021.
International Paper Dividends Paid 2021: $780.00M
International Paper dividends paid in 2021 was $780.00M.
See more financial history for International Paper (IP).
Sector peers by dividends paid
Companies in the same sector as International Paper, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Alibaba (BABA) | $29.31B | Consumer Cyclical |
| Home Depot (HD) | $9.15B | Consumer Cyclical |
| McDonald's (MCD) | $5.12B | Consumer Cyclical |
| Lowe's Companies (LOW) | $2.64B | Consumer Cyclical |
| TJX Companies (TJX) | $1.84B | Consumer Cyclical |
| Amazon (AMZN) | $0 | Consumer Cyclical |
| Tesla (TSLA) | $0 | Consumer Cyclical |
| PDD Holdings (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
Does International Paper pay dividends?
Yes, International Paper (IP) pays quarterly dividends of approximately $1.85 per share annually, yielding 5.99%.
What is International Paper's dividend yield?
International Paper (IP) has a current dividend yield of 5.99%.
Is International Paper's dividend safe?
International Paper (IP) passes 3 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has International Paper increased its dividend?
International Paper (IP) has 0 consecutive years of dividend increases.
What is International Paper's dividend payout ratio?
International Paper (IP) has a dividend payout ratio of -27.8%. Sourced from vendor ratio data (fiscal year or latest period).
What is International Paper's dividends paid?
Latest reported dividends paid for International Paper (IP) is $978.00M (period ending March 31, 2026).
How has International Paper dividends paid changed year-over-year?
International Paper (IP) dividends paid changed +51.9% year-over-year on the latest annual filing.
What is the long-term growth rate of International Paper dividends paid?
International Paper (IP) dividends paid compound annual growth rate is +3.9% over the most recent 5 years available.
When did International Paper dividends paid hit its highest annual value?
International Paper dividends paid reached its highest annual value of $977.00M in 2025.
What was International Paper dividends paid in 2024?
International Paper (IP) dividends paid in 2024 was $643.00M.
What was International Paper dividends paid in 2025?
International Paper (IP) dividends paid in 2025 was $977.00M.
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