Ex-Dividend Reminder: International Paper, United States Lime & Minerals and Scotts Miracle-Gro

International Paper Co (IP), United States Lime & Minerals Inc. (USLM), and Scotts Miracle-Gro Co (SMG) will trade ex-dividend on 5/23/25, with respective dividend payments of $0.4625, $0.06 and $0.66 scheduled for June. This translates to an expected price decrease at market open on 5/23/25 of 0.92% for IP, 0.06% for USLM, and 1.05% for SMG, based on recent stock prices; if the dividends continue, the current estimated yields on annualized basis would be 3.70% for International Paper Co, 0.23% for United States Lime & Minerals Inc., and 4.20% for Scotts Miracle-Gro Co.

Analysis

International Paper Co (IP), United States Lime & Minerals Inc. (USLM), and Scotts Miracle-Gro Co (SMG) are scheduled to trade ex-dividend on May 23, 2025. International Paper will distribute a quarterly dividend of $0.4625 per share, payable on June 13, 2025, which corresponds to approximately 0.92% of its recent stock price of $50.01; consequently, IP shares are expected to open 0.92% lower on the ex-dividend date, all else being equal. United States Lime & Minerals will pay a quarterly dividend of $0.06 on June 13, 2025, with an anticipated 0.06% price adjustment. Scotts Miracle-Gro Co will pay $0.66 per share on June 6, 2025, implying an expected 1.05% decrease in its share price at the open on May 23, 2025. If these dividend payments are sustained, the current estimated annualized yields are 3.70% for International Paper, 0.23% for United States Lime & Minerals, and 4.20% for Scotts Miracle-Gro. The article notes that dividend predictability is tied to company profitability, emphasizing the importance of reviewing historical dividend data to gauge stability and the likelihood of future payments. In Wednesday's trading, IP shares were down approximately 0.9%, USLM shares declined by about 0.7%, and SMG shares edged up by 0.1%.

Key Decisions for Investors

• Investors should anticipate a mechanical decrease in the share prices of International Paper Co, United States Lime & Minerals Inc., and Scotts Miracle-Gro Co on May 23, 2025, reflecting their respective upcoming dividend payments.
• When evaluating these stocks for income, it is prudent to examine their historical dividend payment consistency to assess the sustainability of the current estimated annualized yields of 3.70% for IP, 0.23% for USLM, and 4.20% for SMG.
• Shareholders intending to capture the dividend must own the shares before the ex-dividend date of May 23, 2025, while those looking to purchase post-dividend may find slightly lower entry points due to the price adjustment.