- Div/yield 1.50/11.70
- http://www.ielp.com
Icahn Enterprises LP (NASDAQ:IEP) is the publicly traded vehicle for Carl Icahn’s holdings. Icahn is the most successful investor in history, even more so than Warren Buffett. Much of his success arises from buying distressed assets, taking over the company and then improving operations to the point where he can sell for multiples of what he paid.
Icahn has substantial holdings in copper, PayPal Holdings Inc (NASDAQ:PYPL), Hertz Global Holdings Inc (NYSE:HTZ), as well has holdings in insurance, MLPs, energy, railroads and food services.
IEP stock pays a very generous $6-per-share dividend. Right now, that equates to 11.7% — one of the market’s top high-yield stocks to buy. IEP is also trading only 10% off its 52-week low, so you can buy a distressed asset of your own.
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