International Stock To Go Ex-dividend Tomorrow (IP)

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NEW YORK ( TheStreet) -- The ex-dividend date for International Paper (NYSE: IP) is tomorrow, November 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $34.73 as of 9:31 a.m. ET, the dividend yield is 3.5%.

The average volume for International has been 4.3 million shares per day over the past 30 days. International has a market cap of $15.14 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 17.7% year to date as of the close of trading on Friday.

International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, and north Africa. The company has a P/E ratio of 18.3, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full International Ratings Report.

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