Fool.com contributor Parkev Tatevosian explains why this dividend stock is an excellent choice for passive income investors.
*Stock prices used were the afternoon prices of July 2, 2023. The video was published on July 4, 2023.
1 Dividend Stock Down 51% You'll Regret Not Buying on the Dip
By Parkev Tatevosian, CFA – Jul 5, 2023 at 9:18AM
NYSE: IP
International Paper
Market Cap
$25B
Today's Change
(-0.24%) $0.12
Current Price
$47.77
Price as of October 21, 2025 at 3:51 PM ET
This dividend stock is poised to benefit as people favor spending time and money away from home.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.