SmarterDividends
IEP

Icahn Enterprises L.P.

IEP

Energy · Stock · quarterly payer

Forward Yield

26.63%

Annual Dividend

$2.00

Payout Ratio

2500%

5-Yr Growth

-24.2%

Ex-Date

May 18, 2026

Frequency

Quarterly

IEP Dividend Safety Score

44/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage2500% of earnings paid out
Balance-sheet strengthDebt/equity of 2.92
Yield vs its historyYield is 1.4× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is IEP a good dividend stock?

Mixed

Icahn Enterprises L.P. (IEP) pays a quarterly dividend yielding 26.63% ($2.00/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (2500%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    26.63%
    Payout Ratio
    2500%
    Annual Dividend
    $2.00
    5-Yr Avg Growth
    -24.2%
    Ex-Dividend Date
    May 18, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    0.75
    Market Cap
    $5.0B
    P/E Ratio
    5-Yr Total Return
    -86%
    52-Week Range
    $7.08 – $9.75
    Dividend Safety
    D · 44/100
    Ever Cut?
    Yes (2025)
    IEP ex-dividend date & scheduleNext ex-date May 18, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $2.00 / yr per share

    Per payment (quarterly)$50.00
    Annual$200.00
    Monthly avg$16.67