Icahn Enterprises L.P. (IEP) to Issue Quarterly Dividend of $0.50 on April 16th

Posted by Andrew Walz on Mar 8th, 2025

Icahn Enterprises L.P. (NASDAQ:IEP – Get Free Report) announced a quarterly dividend on Monday, February 24th, Wall Street Journal reports. Shareholders of record on Monday, March 10th will be given a dividend of 0.50 per share by the conglomerate on Wednesday, April 16th. This represents a $2.00 dividend on an annualized basis and a yield of 20.00%. The ex-dividend date is Monday, March 10th.

Icahn Enterprises has decreased its dividend by an average of 24.1% per year over the last three years.

Icahn Enterprises Stock Up 1.0 %

IEP stock opened at $10.00 on Friday. The company has a current ratio of 4.61, a quick ratio of 4.61 and a debt-to-equity ratio of 1.34. Icahn Enterprises has a twelve month low of $8.53 and a twelve month high of $19.10. The company’s 50 day moving average is $9.64 and its two-hundred day moving average is $11.49. The stock has a market cap of $5.23 billion, a P/E ratio of -9.17 and a beta of 0.85.

Icahn Enterprises (NASDAQ:IEP – Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The conglomerate reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.36). The company had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.27 billion. Icahn Enterprises had a negative return on equity of 8.82% and a negative net margin of 4.79%. Research analysts expect that Icahn Enterprises will post -0.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Icahn Enterprises from a “sell” rating to a “hold” rating in a report on Saturday.

Check Out Our Latest Stock Report on IEP

Icahn Enterprises Company Profile

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Icahn Enterprises L.P., through its subsidiaries, engages in the investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. The Investment segment invests its proprietary capital through various private investment funds. This segment provides investment advisory and other related services.