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IP - International Paper: Still A Strong And Safe 4.7% Yield With A 200%+ Coverage Ratio
November, 02 2020 01:13 PM
International Paper Company
International Paper has continued to pay a dividend throughout the pandemic and will continue to do so. The EPS appears to be very low, but that's due to non-recurring and predominantly non-cash items. The free cash flow result per share exceeded $3.5/share in the first nine months of the year, and a full-year $2B FCF ($5+/share) appears realistic. For further details see:
International Paper: Still A Strong And Safe 4.7% Yield With A 200%+ Coverage Ratio
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