Icahn Enterprises L.P. (IEP) to Issue Dividend of $1.50 on December 20th
Icahn Enterprises L.P. (NASDAQ:IEP) announced a dividend on Friday, November 3rd, Fidelity reports. Investors of record on Monday, November 13th will be paid a dividend of 1.50 per share by the conglomerate on Wednesday, December 20th. The ex-dividend date is Friday, November 10th.
Shares of Icahn Enterprises L.P. (NASDAQ IEP) opened at $58.00 on Friday. Icahn Enterprises L.P. has a 1 year low of $46.50 and a 1 year high of $64.80. The firm has a market cap of $9,558.86, a price-to-earnings ratio of 5.00 and a beta of 1.77. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 1.07.
Icahn Enterprises L.P. (NASDAQ:IEP) last announced its quarterly earnings results on Tuesday, August 8th. The conglomerate reported $9.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $9.02. Icahn Enterprises L.P. had a net margin of 6.35% and a return on equity of 15.51%. The firm had revenue of $6.65 billion during the quarter.
A number of equities research analysts recently weighed in on IEP shares. BidaskClub raised shares of Icahn Enterprises L.P. from a “hold” rating to a “buy” rating in a research report on Tuesday, July 11th. Jefferies Group LLC reissued a “buy” rating and issued a $61.00 price target on shares of Icahn Enterprises L.P. in a research report on Wednesday, August 9th. Finally, TheStreet raised shares of Icahn Enterprises L.P. from a “d+” rating to a “c” rating in a research report on Tuesday, August 8th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company. Icahn Enterprises L.P. has a consensus rating of “Hold” and a consensus price target of $50.50.
TRADEMARK VIOLATION NOTICE: “Icahn Enterprises L.P. (IEP) to Issue Dividend of $1.50 on December 20th” was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this news story on another site, it was copied illegally and republished in violation of international trademark & copyright laws. The legal version of this news story can be read at https://www.watchlistnews.com/icahn-enterprises-l-p-iep-to-issue-dividend-of-1-50-on-december-20th/1680005.html.
About Icahn Enterprises L.P.
Icahn Enterprises L.P. (Icahn Enterprises) is a holding company. The Company’s segments include Automotive, Energy, Metals, Railcar, Gaming, Food Packaging, Mining, Real Estate and Home Fashion. The Company’s Investment segment includes various private investment funds. The Company operates its Automotive segment through its ownership in Federal-Mogul Holdings Corporation and IEH Auto Parts Holding LLC.
Receive News & Ratings for Icahn Enterprises L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Icahn Enterprises L.P. and related companies with Analyst Ratings Network's FREE daily email newsletter.