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International Paper Company (NYSE:IP) is included among the 11 High-Yield Dividend Stocks for Steady Cash Flow.
International Paper Company (NYSE:IP) manufactures a diverse range of paper, packaging, and cellulose fiber products- materials used in everyday items like diapers, baby wipes, and feminine hygiene products.
On October 17, Stifel upgraded its rating on International Paper Company (NYSE:IP) from Hold to Buy, setting a new price target of $57.80. The firm cited that the company is nearing a pivotal stage in its strategic transformation, which could lead to stronger profitability and margin expansion.
According to Stifel, the initial optimism surrounding the appointment of CEO Andy Silvernail has since stabilized, giving way to more balanced expectations. The firm highlighted that International Paper Company (NYSE:IP) has made tangible progress on its turnaround efforts, including the $1.5 billion sale of its underperforming Global Cellulose Fiber business. While market conditions remain subdued, Stifel expressed confidence that the company’s ongoing initiatives will help it advance toward its 2027 adjusted EBITDA goal of $5.5 billion to $6.0 billion.
The analysts noted, however, that the company still faces challenges, particularly around the integration of its DS Smith acquisition, but emphasized that IP now has a clearer strategic direction.
International Paper Company (NYSE:IP)’s strong dividend history is also a key attraction for income investors, as the company has maintained uninterrupted dividend payments since 1986. It currently offers a quarterly dividend of $0.4625 per share and has a dividend yield of 3.88%, as of October 21.
While we acknowledge the potential of IP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best Beaten Down Dividend Stocks to Buy Right Now and 15 Dividend Stocks That Have Raised Payouts for 20+ Years
Disclosure: None.
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Prominent East Memphis office tower housing part of International Paper's HQ sold
IP
The Commercial Appeal
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