Analyzing Icahn Enterprises's Ex-Dividend Date

On May 7, 2021, Icahn Enterprises IEP announced shareholders can expect to receive a dividend payable on June 30, 2021. The stock will then go ex-dividend 2 business day(s) before the record date. Icahn Enterprises, which has a current dividend per share of $2.0, has an ex-dividend date scheduled for May 28, 2021. That equates to a dividend yield of 13.9% at current price levels.

Understanding Ex-Dividend Dates'

Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.

Understanding Icahn Enterprises's Dividend Payouts And Yields

Over the past year, Icahn Enterprises has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on May 18, 2020 the company's payout was $2.0, which has returned to its value today. Icahn Enterprises's dividend yield last year was 16.3%, which has since decreased by 2.4%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

To read more about Icahn Enterprises click here.