Tell me about IEP (Icahn) stock (23% dividend since 2019) | FerrariChat

Tell me about IEP (Icahn) stock (23% dividend since 2019)

Discussion in 'Other Off Topic Forum' started by peterp, Jul 11, 2023.

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  1. peterp

    peterp F1 Veteran

    Aug 31, 2002
    6,531
    NJ
    Full Name:
    Peter
    #1 peterp, Jul 11, 2023
    Last edited: Jul 11, 2023
    I haven't cared about or paid any attention to IEP stock, so I literally nothing about it. Talking to a fried, I see that it's paid 23% dividends since 2019. How is this possible?

    dividend history: https://www.nasdaq.com/market-activity/stocks/iep/dividend-history

    NOTE: I know Carl Icahn is controversial to some -- I don't care anything about that and this discussion is NOT about that -- please don't take the question about stock off topic or make it political.



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  2. squid

    squid Karting
    Silver Subscribed

    Oct 5, 2006
    120
    Is it an MLP? Those flow through 95% of profits IIRC, and generate K1s.
     
  3. Aerosurfer

    Aerosurfer Formula 3
    Silver Subscribed

    Nov 21, 2020
    1,312
    Indianapolis
    Full Name:
    Nick
    And they cut the dividend in half this week
     

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