International Paper Company (NYSE:IP) is named among the 10 Best Dividend Stocks to Buy in August, highlighting its strong performance in the market. The company, based in Tennessee, produces paper, packaging products, and cellulose fibers used in various consumer goods. Its recent acquisition of DS Smith solidifies its position in the global packaging industry.

International Paper Company (NYSE:IP) recently announced a quarterly dividend of $0.4625 per share, maintaining its consistent dividend payouts since 1986. With a dividend yield of 3.33%, the company remains a reliable choice for investors seeking steady returns. Its focus on e-commerce packaging is seen as a potential growth driver in the future.

While International Paper (IP) presents investment opportunities, some AI stocks may offer higher potential returns and lower risks. Investors looking for undervalued AI stocks should explore options that benefit from current economic trends. For those interested in safe dividend stocks, other options are available for consideration in the market.

Read more at Yahoo Finance: International Paper’s (IP) Packaging Power Makes It a Buy in August