International Paper's dividend payout will change after its planned corporate split.

International Paper is splitting into two companies, and the current $0.4625 quarterly dividend will be reallocated between them. The combined dividend after the split could be higher, lower, or the same, but details have not been disclosed yet. The split is part of a strategic move following acquisitions and industry consolidation, with the North American segment profitable and the EMEA segment currently operating at a loss. Income investors should watch for official dividend policies and cash flow disclosures from both new companies before making investment decisions.

Packaging Corporation of America (PKG) is trading at USD 241.71 with a 1-day gain of 1.46% as of Sep 23, 2026 23:51 WIB on Pluang. This positive momentum in the consumer cyclical sector contrasts with the uncertainty around International Paper's dividend reallocation following its split. PKG's dividend yield stands at 2.52%, reflecting steady income potential while investors await clearer dividend policies from the newly formed companies after the split.