Current Yield
4.83%
TTM Dividend/Share
$1.85
Payment Frequency
Quarterly
Payout Ratio
-27.8%
Consecutive Growth Years
0
Key takeaways
- International Paper (IP) currently yields 4.83%, paying $1.85 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is -27.8% — the share of earnings distributed as dividends.
- 3 of 8 dividend safety checks passed.
- 5-year dividend CAGR of -0.98%.
Dividend yield valuation for International Paper (IP)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Near average — fair value |
Current yield (now) | 4.83% |
1-year average yield | 4.70%now 0.13 pp above |
3-year average yield | 4.42%now 0.41 pp above |
5-year average yield | 4.57%now 0.26 pp above |
IP: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for International Paper (IP)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 3.8% |
FCF payout ratio | 43.2% |
Net debt / EBITDA | -202.6x |
Interest coverage | -7.04x |
ROIC (TTM) | -11.4% |
Dividend safety score for International Paper (IP)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
3 of 8 checks passed
Payout ratio below 75%
Payout ratio is -27.8%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $-425M — FCF does not fully cover the payout.
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 -202.6x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (-1.0%) exceeds EPS growth (-48.8%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
227 payments from 1970 to 2026 · Adj. Dividend is split-adjusted
| 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 |
- May 22, 2026$0.4625
- Feb 23, 2026$0.4625
- Nov 14, 2025$0.4625
- Aug 15, 2025$0.4625
- May 23, 2025$0.4625
- Feb 24, 2025$0.4625
- Nov 15, 2024$0.4625
- Aug 15, 2024$0.4625
- May 23, 2024$0.4625
- Feb 21, 2024$0.4625
- Nov 14, 2023$0.4625
- Aug 14, 2023$0.4625
Historical dividend yield for International Paper (IP)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 4.70%5Y: 4.57%10Y: 4.38%
Dividend per share for International Paper (IP)
CAGR (per year)1Y: 0.00%5Y: -0.98%10Y: 1.77%→ Stable
| Year | Total ($/share) | Payments |
|---|---|---|
| 1970 | $0.35 | 4 |
| 1971 | $0.35 | 4 |
| 1972 | $0.35 | 4 |
| 1973 | $0.35 | 4 |
| 1974 | $0.41 | 4 |
| 1975 | $0.47 | 4 |
| 1976 | $0.47 | 4 |
| 1977 | $0.47 | 4 |
| 1978 | $0.47 | 4 |
| 1979 | $0.51 | 4 |
| 1980 | $0.56 | 4 |
| 1981 | $0.56 | 4 |
| 1982 | $0.56 | 4 |
| 1983 | $0.56 | 4 |
| 1984 | $0.56 | 4 |
| 1985 | $0.56 | 4 |
| 1986 | $0.56 | 4 |
| 1987 | $0.57 | 5 |
| 1988 | $0.60 | 4 |
| 1989 | $0.71 | 4 |
| 1990 | $0.78 | 4 |
| 1991 | $0.78 | 4 |
| 1992 | $0.78 | 4 |
| 1993 | $0.78 | 4 |
| 1994 | $0.78 | 4 |
| 1995 | $0.86 | 4 |
| 1996 | $0.93 | 4 |
| 1997 | $0.93 | 4 |
| 1998 | $0.93 | 4 |
| 1999 | $0.93 | 4 |
| 2000 | $0.93 | 4 |
| 2001 | $0.93 | 4 |
| 2002 | $0.93 | 4 |
| 2003 | $0.93 | 4 |
| 2004 | $0.93 | 4 |
| 2005 | $0.93 | 4 |
| 2006 | $0.93 | 4 |
| 2007 | $0.93 | 4 |
| 2008 | $0.93 | 4 |
| 2009 | $0.30 | 4 |
| 2010 | $0.37 | 4 |
| 2011 | $0.91 | 4 |
| 2012 | $1.02 | 4 |
| 2013 | $1.17 | 4 |
| 2014 | $1.36 | 4 |
| 2015 | $1.55 | 4 |
| 2016 | $1.69 | 4 |
| 2017 | $1.77 | 4 |
| 2018 | $1.82 | 4 |
| 2019 | $1.91 | 4 |
| 2020 | $1.94 | 4 |
| 2021 | $1.92 | 4 |
| 2022 | $1.85 | 4 |
| 2023 | $1.85 | 4 |
| 2024 | $1.85 | 4 |
| 2025 | $1.85 | 4 |
| 2026 | $0.93 | 2 |
Dividend growth for International Paper (IP)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
The table shows 21 year-over-year increases across 56 calendar years of data (1970–2025).
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 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 | — |
- 2026—
- 2025$1.8500
- 2024$1.8500
- 2023$1.8500
- 2022$1.8500
- 2021$1.9199
- 2020$1.9432
- 2019$1.9063
- 2018$1.8229
- 2017$1.7652
- 2016$1.6885
- 2015$1.5530
- 2014$1.3639
- 2013$1.1674
- 2012$1.0170
- 2011$0.9124
- 2010$0.3736
- 2009$0.3035
- 2008$0.9339
- 2007$0.9339
- 2006$0.9339
- 2005$0.9339
- 2004$0.9339
- 2003$0.9339
- 2002$0.9339
- 2001$0.9339
- 2000$0.9339
- 1999$0.9339
- 1998$0.9339
- 1997$0.9339
- 1996$0.9339
- 1995$0.8592
- 1994$0.7845
- 1993$0.7845
- 1992$0.7845
- 1991$0.7845
- 1990$0.7845
- 1989$0.7144
- 1988$0.5954
- 1987$0.5720
- 1986$0.5603
- 1985$0.5603
- 1984$0.5603
- 1983$0.5603
- 1982$0.5603
- 1981$0.5603
- 1980$0.5603
- 1979$0.5136
- 1978$0.4670
- 1977$0.4670
- 1976$0.4670
- 1975$0.4670
- 1974$0.4086
- 1973$0.3502
- 1972$0.3502
- 1971$0.3502
- 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.
Frequently asked questions
International Paper (IP) Key Financials
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