PKG - Dividend Investors: International Paper Is Boring And Beautiful
International Paper (IP) is one of the world's largest fiber-based packaging, pulp, and paper manufacturing businesses. It is the paper-recycling global leader. The company is headquartered in Memphis, TN.
Investment Thesis
International Paper stays out of the limelight, drawing limited attention from Wall Street or Main Street. Yet, this old-school business capitalizes upon some very modern trends: the rise of e-commerce, requiring all manner of cardboard boxes and bulk packaging; and the growth of the Chinese economy, driven by the sheer number of people in its rising middle-class. Indeed, China is short on domestic forests,