Fool.com contributor Parkev Tatevosian discusses why this dividend stock is an excellent addition to passive income investor portfolios.
*Stock prices used were the afternoon prices of Dec. 31, 2023. The video was published on Jan. 2, 2024.
1 Fantastic Dividend Stock Down 44% That's a Screaming Buy for Passive Income Investors in 2024
By Parkev Tatevosian, CFA – Jan 3, 2024 at 9:52AM
NYSE: IP
International Paper
Market Cap
$19B
Today's Change
(-0.66%) $0.24
Current Price
$36.32
Price as of November 5, 2025 at 4:00 PM ET
This dividend stock could generate excellent passive income for long-term investors in 2024 and beyond.
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.