IEP - Billionaire Carl Icahn's Top Stock Offers a Mind-Boggling Dividend Yield of 22% -- and Wall Street Thinks It Will Skyrocket 45% in 2024
2024-01-12 17:22:00 ET
Carl Icahn ranks as one of the most famous activist investors in the world -- and one of the most successful. His net worth currently totals close to $5.8 billion.
Although Icahn has money in dozens of stocks, his top position, by far, is in his own Icahn Enterprises LP (NASDAQ: IEP) . He owns nearly 86% of the holding company, which generates close to two-thirds of its revenue from investments and energy.
Two things especially stand out about Icahn Enterprises right now. First, it offers a mind-boggling dividend yield of 22%. Second, Wall Street thinks the stock will skyrocket 45% over the next 12 months.
For further details see:
Billionaire Carl Icahn's Top Stock Offers a Mind-Boggling Dividend Yield of 22% -- and Wall Street Thinks It Will Skyrocket 45% in 2024