Notable News Spotlight: International Paper (NYSE:IP)

International Paper (NYSE:IP) stock reported trading -7.92% off 52-week high price. On the other end, the stock has been noted 21.87% away from low price over the last 52-weeks. The stock disclosed a move of -2.68% away from 50 day moving average and 2.18% away from 200 day moving average. Moving closer, we can see that shares have been trading -2.17% off 20-day moving average. It has market cap of $17.47B and dividend yield of 4.62%.

On Jan. 14, 2020, International Paper (NYSE:IP) declared a quarterly dividend of $ 0.5125 per share for the period from January 1, 2020, to March 31, 2020, inclusive, on its common stock, par value $1.00. This dividend is payable on March 16, 2020, to holders of record at the close of business on February 21, 2020.

the company also declared a regular quarterly dividend of $1.00 per share for the period from January 1, 2020, to March 31, 2020, inclusive, on the cumulative $4.00 preferred stock of the company. This dividend is also payable on March 16, 2020, to holders of record at the close of business on February 21, 2020.

About International Paper

International Paper (NYSE: IP) is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa and Russia.  We produce corrugated packaging products that protect and promote goods, and enable world-wide commerce; pulp for diapers, tissue and other personal hygiene products that promote health and wellness; and papers that facilitate education and communication.  We are headquartered in Memphis, Tenn., employ more than 50,000 colleagues and serve more than 25,000 customers in 150 countries. Net sales for 2018 were $23 billion.

The USA based company International Paper Company moved with change of -0.05% to $44.42 with the total traded volume of 1944132 shares in recent session versus to an average volume of 2.65M shares. The stock was observed in the 5 days activity at 2.16%. The one month performance of stock was -4.60%. IP’s shares are at 8.00% for the quarter and driving a 0.41% return over the course of the past year and is now at -3.54% since this point in 2018.  Right now the stock beta is 1.55. The average volatility for the week and month was at 1.30% and 1.33% respectively. There are 393.19M shares outstanding and 391.07M shares are floated in market.

Leave a Reply

Your email address will not be published. Required fields are marked *