Investors eagerly anticipate the dividend payout from Icahn Enterprises IEP on September 27, 2023. With a payout of $1.00 per share and an annualized dividend yield of 11.85%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on August 17, 2023
Icahn Enterprises Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-17 | 4 | $1.0 | 11.85% | 2023-08-02 | 2023-08-18 | 2023-09-27 |
| 2023-05-19 | 4 | $2.0 | 21.07% | 2023-05-10 | 2023-05-22 | 2023-06-30 |
| 2023-03-10 | 4 | $2.0 | 14.84% | 2023-02-22 | 2023-03-13 | 2023-04-19 |
| 2022-11-17 | 4 | $2.0 | 14.8% | 2022-11-02 | 2022-11-18 | 2022-12-21 |
| 2022-08-18 | 4 | $2.0 | 14.8% | 2022-08-03 | 2022-08-19 | 2022-09-28 |
| 2022-05-19 | 4 | $2.0 | 15.0% | 2022-05-04 | 2022-05-20 | 2022-06-29 |
| 2022-03-17 | 4 | $2.0 | 14.55% | 2022-02-23 | 2022-03-18 | 2022-04-27 |
| 2021-11-15 | 4 | $2.0 | 13.89% | 2021-11-01 | 2021-11-16 | 2021-12-22 |
| 2021-08-19 | 4 | $2.0 | 13.73% | 2021-08-04 | 2021-08-20 | 2021-09-29 |
| 2021-05-28 | 4 | $2.0 | 13.9% | 2021-05-07 | 2021-06-01 | 2021-06-30 |
| 2021-03-25 | 4 | $2.0 | 11.94% | 2021-02-24 | 2021-03-26 | 2021-04-28 |
| 2020-11-23 | 4 | $2.0 | 15.18% | 2020-11-06 | 2020-11-24 | 2020-12-29 |
In terms of dividend yield, Icahn Enterprises finds itself in the middle ground among its industry peers, while 1847 Holdings EFSH takes the lead with the highest annualized dividend yield at 1608.65%.
Analyzing Icahn Enterprises Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2019 to 2022, investors observed a stable dividend per share of $8.00 throughout this period. This indicates a consistent dividend policy maintained by the company, providing stability to shareholders. Investors can rely on the company's consistent dividend payout to generate a steady income stream.
YoY Earnings Growth For Icahn Enterprises
The earnings chart displays a decline in Icahn Enterprises's earnings per share, decreasing from $3.40 in 2019 to $-1.44 in 2022. This downward trend in earnings raises concerns for income-seeking investors, as it suggests a potential impact on future cash dividend payouts. It is important to closely evaluate the factors contributing to this decrease to assess the company's financial health and dividend sustainability.
Recap
This article delves into the recent dividend payout of Icahn Enterprises and its implications for shareholders. Presently, the company is distributing a dividend of $1.00 per share, leading to an annualized dividend yield of 11.85%.
In terms of dividend yield, Icahn Enterprises finds itself in the middle ground among its industry peers, while 1847 Holdings takes the lead with the highest annualized dividend yield at 1608.65%.
Even though there has been no change in the dividend per share from 2019 to 2022, the declining earnings per share of Icahn Enterprises reflect a weaker financial footing, which may limit the company's ability to consistently reward shareholders with profit distributions.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
