Icahn Enterprises (IEP) Approves $0.25 Per Share Q1 Dividend

March 2, 2009 5:26 PM EST

Icahn Enterprises L.P. (NYSE: IEP) declared a quarterly distribution of $0.25 per unit on its depositary units, payable in Q1 of fiscal 2009. The distribution will be paid on March 30, 2009 to depositary unit holders of record at the close of business on March 16, 2009. Current annual dividend yield is 3.6%.

In addition, Icahn Enterprises will make its annual distribution to preferred unit holders. The in-kind preferred unit distribution is based upon a rate of 5% of the liquidation preference and is payable on March 31, 2009 to holders of record as of the close of business on March 17, 2009.

Icahn Enterprises L.P. will discuss its fourth quarter and 2008 annual results on a conference call and Webcast on Thursday, March 5, 2009 at 10:00 a.m. EST.

Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in five primary business segments: Investment Management, Automotive, Metals, Real Estate, and Home Fashion. [SM]

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