International Paper: 4.7% Dividend Yield, Restructuring Efforts, And Quite Cheap
International Paper(IP) Seeking Alpha·2024-03-21 03:02
Yuji SakaiInternational Paper Company (NYSE:IP) shows a 4.7% dividend yield and recent recommendations from investment banks. IP appears to be making significant transformations that include sale of assets and restructuring, which could accelerate with the recently elected CEO. In addition, I think that further repurchases of its own shares and reduction in the share count could bring significant demand for the stock. I did see some risks from failed reduction in the debt/EBITDA level, supply chain issu ...