International Paper (NYSE: IP) spotted trading -21.47% off 52-week high price. On the other end, the stock has been noted 14.91% away from the low price over the last 52-weeks. The stock changed -0.16% to recent value of $43.15. The stock transacted 2117155 shares during most recent day however it has an average volume of 3157.83K shares. The company has 400.5M of outstanding shares and 396.23M shares were floated in the market.
International Paper (NYSE: IP) announced a quarterly dividend of $0.50 per share for the period from July 1, 2019, to September 30, 2019, inclusive, on its common stock, par value $1.00. This dividend is payable on September 16, 2019, to holders of record at the close of business on August 15, 2019. Today the company also declared a regular quarterly dividend of $1.00 per share for the period from July 1, 2019, to September 30, 2019, inclusive, on the cumulative $4.00 preferred stock of the company. This dividend is also payable on September 16, 2019, to holders of record at the close of business on August 15, 2019.
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, India 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. Its earnings per share (EPS) expected to touch remained 84.60% for this year while earning per share for the next 5-years is expected to reach at -1.77%. IP has a gross margin of 33.40% and an operating margin of 12.30% while its profit margin remained 7.30% for the last 12 months.
According to the most recent quarter its current ratio was 1.4 that represents company’s ability to meet its current financial obligations. The price moved ahead of -0.29% from the mean of 20 days, -1.97% from mean of 50 days SMA and performed -4.39% from mean of 200 days price. Company’s performance for the week was -1.42%, -1.26% for month and YTD performance remained 6.91%.
Eugene Harris joined us after more than 10 years of experience in writing financial and business news, most recently as Investment Editor and writer. He also has a vast knowledge of stock trading. Eugene earned bachelor degree from Union College with a focus in Business Administration. Eugene is the Senior Editor and market movers section. He also holds an MBA from Penn State University He has two daughter and two children.
Email Contact – [email protected]
Address – 797 Paradise Crescent, Hauterive, Quebec
Zip Code – G5C 1M1
Phone Number – 418-920-9491