Icahn Enterprises L.P. (NASDAQ:IEP) will begin trading ex-dividend on November 23, 2020. The quarterly dividend payment of $ 2.00 per share is scheduled to be paid on December 29, 2020. The dividend yield based on the latest trading day closing price was 15.43 percent. Shareholders who purchased IEP shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Icahn Enterprises L.P. recently reported third quarter financial results on November 6, 2020, before market open, conglomerate came out with loss for the third quarter of $ 3.14 per share, from the revenue of $ 722.00 million. The quarterly revenues reduced 68.88 percent compared with the same quarter last year. Street analysts expected Icahn Enterprises L.P. recently reported third quarter financial results on November 6, 2020, before market open, conglomerate to report loss of $ 0.18 per share on revenue of $ 3571.00 million for the third quarter. The top line results fell short of analysts by $ 2 million or 79.78 percent.
Stock Performance
Shares of Icahn Enterprises L.P. traded low $ -0.43 or -0.82 percent on Thursday, reaching $ 51.86 with volume of 332.80 thousand shares. Icahn Enterprises L.P. has traded high as $ 52.73 and has cracked $ 51.60 on the downward trend
According to the previous trading day, closing price of $ 51.86, representing a 53.79 % increase from the 52 week low of $ 34.00 and a 24.33 % decrease over the 52 week high of $ 69.10.
The company has a market capital of $ 12.04 billion and is part of the Industrials sector and Conglomerates industry.
Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, metals, real estate, home fashion, and mining businesses in the United States and Internationally. Its Investment segment operates various private investment funds. The companys Automotive segment is involved in the retail and wholesale distribution of automotive parts in the aftermarket, as well as offers automotive repair and maintenance services.
