IEP - How Much Will Icahn Enterprises Pay Out in Dividends This Year?
2024-05-28 13:50:00 ET
Icahn Enterprises (NASDAQ: IEP) has been a dividend investor's dream. While the exact payout has fluctuated, the company has paid out a steady stream of cash to shareholders since 2005. Right now, the dividend yield is nearly 24%, causing many investors to take note.
But can the company really afford to support a dividend yield of more than 20% in 2024?
Icahn Enterprises is controlled by legendary investor Carl Icahn . While his investing style can be volatile, he's undeniably one of the best to ever do it. Since 2000, for example, Icahn Enterprises stock has nearly matched the performance of Warren Buffett's Berkshire Hathaway . That's even considering the fact that Icahn Enterprises stock has lost 55% of its value since the start of 2023.
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How Much Will Icahn Enterprises Pay Out in Dividends This Year?