Icahn Enterprises L.P. (NASDAQ:IEP – Get Free Report) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Monday, August 17th will be paid a dividend of 0.50 per share by the conglomerate on Wednesday, September 23rd. This represents a c) annualized dividend and a dividend yield of 26.2%. The ex-dividend date is Monday, August 17th.
Icahn Enterprises has decreased its dividend by an average of 0.2%annually over the last three years. Icahn Enterprises has a payout ratio of 253.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
Icahn Enterprises Stock Performance
NASDAQ IEP opened at $7.63 on Friday. The firm’s fifty day moving average price is $7.45 and its two-hundred day moving average price is $7.71. The stock has a market cap of $5.13 billion, a PE ratio of -10.31 and a beta of 0.79. The company has a debt-to-equity ratio of 2.72, a quick ratio of 2.67 and a current ratio of 2.67. Icahn Enterprises has a fifty-two week low of $7.08 and a fifty-two week high of $9.52.
Icahn Enterprises News Summary
Here are the key news stories impacting Icahn Enterprises this week:
- Positive Sentiment: $700 million Pep Boys sale improves liquidity: IEP expects to use part of the proceeds to address maturities on its 2027 notes, reducing near-term refinancing pressure. IEP anticipates using part of $700M Pep Boys sale proceeds to address 2027 notes maturities
- Positive Sentiment: Dividend maintained: Icahn Enterprises declared a quarterly distribution of $0.50 per share, payable September 23 to shareholders of record August 17. The annualized payout implies a very high yield of approximately 26%, which can support investor interest in the stock.
- Neutral Sentiment: Revenue exceeded expectations: Second-quarter revenue was approximately $2.98 billion, above consensus estimates near $2.04 billion. However, the figure did not translate into profitability because of losses in the investment funds and other businesses. IEP Second Quarter 2026 Financial Results
- Negative Sentiment: Quarterly loss widened: IEP reported a $355 million net loss attributable to the company, compared with a $165 million loss a year earlier. Adjusted EBITDA attributable to IEP was a $134 million loss, versus positive adjusted EBITDA of $40 million in the prior-year quarter.
- Negative Sentiment: EPS missed forecasts substantially: The company reported a loss of $0.52 per share, missing the consensus estimate for earnings of $0.11 per share. Indicative net asset value also fell by approximately $765 million sequentially to $2.6 billion as of June 30, reflecting investment-fund volatility. IEP Q2 2026 Earnings Call Highlights
About Icahn Enterprises
Icahn Enterprises L.P. (NASDAQ: IEP) is a diversified holding company based in New York City. Controlled by veteran investor Carl C. Icahn, the partnership makes strategic investments and owns wholly or partially controlled subsidiaries across a broad range of industries. With a flexible capital structure, Icahn Enterprises seeks to generate long-term value through active ownership, asset optimization and operational improvements.
The company reports its activities through five principal business segments.
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