Icahn Enterprises L.P. (NASDAQ: IEP) said this week its Board of Directors had authorized a regular quarterly cash dividend of $1.00 per share of common stock.
The dividend was kept unchanged from the previous quarterly dividend payment.
The dividend will be paid on September 25th to shareholders of record as of the close of business on August 19th 2024, the company said.
Stock Performance
The shares of Icahn Enterprises L.P. (IEP) closed 4.42% ($0.74) lower at $16.00 on Nasdaq on Wednesday, as they reversed a gain from the previous market session.
It has been the steepest single-session loss for the stock since May 17th.
The company’s total market cap now stands at $7.546 billion.
The shares of Icahn Enterprises L.P. (IEP) went down 66.06% in 2023, compared with a 43.42% gain for the benchmark index, Nasdaq Composite (IXIC).
The company’s shares have retreated 6.92% so far this year.
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