Icahn Enterprises L.P. ( IEP ) will begin trading ex-dividend on August 14, 2014. A cash dividend payment of $1.5 per share is scheduled to be paid on September 25, 2014. Shareholders who purchased IEP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that IEP has paid the same dividend. At the current stock price of $105.3, the dividend yield is 5.7%.
The previous trading day's last sale of IEP was $105.3, representing a -29.69% decrease from the 52 week high of $149.77 and a 44.17% increase over the 52 week low of $73.04.
IEP is a part of the Energy sector, which includes companies such as Exxon Mobil Corporation ( XOM ) and Chevron Corporation ( CVX ). IEP's current earnings per share, an indicator of a company's profitability, is $9.82. Zacks Investment Research reports IEP's forecasted earnings growth in 2014 as .21%, compared to an industry average of 5.8%.
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