Top 10 High Dividend Stocks to Invest In According to Analysts

7. International Paper Company (NYSE:IP)

Analyst Upside Potential as of May 29: 17.10%

Dividend Yield as of May 29: 5.53%

On May 18, International Paper Company (NYSE:IP) announced that it has expanded its packaging operations with the acquisition of Delmarva Corrugated Packaging in Dover, Delaware. The deal adds another facility to the company’s network and is expected to strengthen its presence in the region while increasing its ability to supply sustainable packaging products to customers.

The acquisition also gives International Paper additional production capacity and supports its broader growth plans in the packaging market. Tom Hamic, Executive Vice President and President, Packaging Solutions North America, International Paper, made the following remark:

“This acquisition strengthens our footprint in the region and supports our long term growth strategy. The Dover facility’s strong customer base and strategic location expand our ability to deliver high-quality, sustainable packaging solutions with greater speed and reliability. We look forward to welcoming the team and working closely with customers to ensure a smooth and successful integration.”

The acquisition is in line with International Paper’s ongoing efforts to create value for its customers, shareholders, and employees while continuing to grow its packaging business.

International Paper Company (NYSE:IP) is a sustainable packaging solutions company. It operates through Packaging Solutions North America and Packaging Solutions EMEA. Its offerings include packaging, packaging services, and recycling.