A double-digit dividend yield is one of the most seductive numbers on a brokerage screen, and one of the most dangerous.
Icahn Enterprises L.P. (IEP) Q1 2026 Earnings Call Prepared Remarks Transcript
Icahn Enterprises offers a diversified portfolio spanning energy, automotive, real estate, and more, guided by Carl Icahn's value-investing approach. IE maintains a robust 26.14% annual dividend yield, supported by a 50c per quarter payout, despite previous reductions to enhance free cash flow. Recent operating results indicate a potential turnaround, with a strong cash position and improved performance in key holdings, notably CVR Energy.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Jeff Ameen Spire Wealth Management | 5,500 | $59,650.02 | $40,920 | -$18,730.02 | -31.4% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 10 | $81.78 | $75.1 | -$6.68 | -8.17% |
| CB Catherine Bluvol Next Level Private LLC | 40,030 | $288,616.3 | $300,225 | $11,608.7 | 4.02% |
| RAF Richard A. Flora Key Client Fiduciary Advisors LLC | 19,709 | $451,001.79 | $148,408.77 | -$302,593.02 | -67.09% |
Michael Byun SageView Advisory Group LLC | 125 | $944 | $942.5 | -$1.5 | -0.16% |
| Industrial Conglomerates Industry | Industrials Sector | Andrew Teno CEO | NASDAQ (NGS) Exchange | 451100101 CUSIP |
| US Country | 13,562 Employees | 18 May 2026 Last Dividend | 13 Nov 2012 Last Split | 18 May 1987 IPO Date |
Icahn Enterprises L.P. is a diversified conglomerate with a wide range of businesses in the investment, energy, automotive, food packaging, real estate, home fashion, and pharmaceutical sectors. Operating both in the United States and internationally, the company engages in a variety of operations through its subsidiaries. It not only invests proprietary capital through private investment funds but also offers advisory and related services. Founded in 1987, Icahn Enterprises is headquartered in Sunny Isles Beach, Florida, reflecting its substantial growth and diversified expansion since its incorporation.
This segment focuses on investing the company's proprietary capital through various private investment funds. In addition to direct investments, it offers investment advisory and other related services.
In the energy sector, Icahn Enterprises refines and markets transportation fuels such as gasoline and diesel fuels, along with renewable diesel. Furthermore, the company is involved in manufacturing nitrogen fertilizers, specifically urea ammonium nitrate and ammonia, contributing to the agricultural sector.
This segment encompasses the sale of automotive parts and materials, retail merchandise, as well as providing automotive repair and maintenance services. It also includes the leasing of real estate properties dedicated to automotive uses.
Operating in the food industry, this segment produces and sells various types of casings for processed meat products, including cellulosic, fibrous, and plastic variations. These products are essential for the packaging and preparation of processed meats.
The real estate operations of Icahn Enterprises involve leasing land, retail, office, and industrial properties. Additionally, the segment engages in the development and sale of single-family homes and the operation of country clubs, showcasing a broad real estate portfolio.
This segment deals with the manufacturing, sourcing, marketing, distribution, and sales of home fashion consumer products, encompassing a wide range of items for home decoration and utility.
Icahn Enterprises extends its operations to the pharmaceutical sector, offering products and services that include the development and distribution of pharmaceutical goods, highlighting the conglomerate’s versatility and reach in various industries.