2 Dividend Stocks to Avoid in May alphaspirit / Shutterstock.com 24/7 Insights Dividend stocks historically make of one-third of S&P 500 total returns To high a yield should be a red flag worth investigating Access 2 legendary, high-yield dividend stocks Wall Street loves Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital appreciation potential are essential for tot ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to (State or Other (Exact Name of Registrant as Specified in Its Charter) Jurisdiction of (IRS Employer (Address of Principal Executive Offi ...

财务数据和关键指标变化 - 第一季度净亏损3800万美元,较2023年同期改善2.32亿美元 [9] - 第一季度调整后EBITDA为1.34亿美元,较2023年同期增加3900万美元 [9] - 指示性净资产价值在本季度末达到约50亿美元,较上一季度增加1.94亿美元 [9] 各条业务线数据和关键指标变化 投资业务 - 投资基金本季度负收益0.8%,主要受能源板块和大市空头拖累 [16] - 如果剔除能源空头影响,本季度收益将为正5.8% [13] - 其中Southwest Gas Holdings和AP等长头头寸表现良好 [13] 能源业务 - 能源板块EBITDA为1.18亿美元,较2023年同期减少1.11亿美元 [17] - 炼油业务单位产品利润从23.24美元降至16.29美元,主要受裂解价差下降影响 [17] - UAN和氨产品平均售价分别下降42%和41% [18] 汽车业务 - 销售收入和其他收入同比减少7300万美元,主要由于去年同期Auto Plus业务被剥离以及汽车服务业务车辆数下降 [19] - 调整后EBITDA同比增加200万美元,汽车服务业务通过成本控制和利润率改善抵消了车辆数下降 [20] 房地产业务 - 销售收入和其他收入同比减少500万美元,调整后EBITDA同比减少200万美元,主要由于单户住宅销售下降 [21] 其他业务 - 食品包装业务EBITDA同比减少400万美元,受需求疲软影响 [22] - 家居时尚业务EBITDA同比增加100万美元,主要由于利润率改善抵消了销售下降 [22] - 制药业务EBITDA同比改善500万美元,主要由于销售增加和成本下降 [23] 公司战略和发展方向及行业竞争 - 公司将继续关注资产价值的提升和流动性维护,以把握内外部的投资机会 [24][25] - 公司在炼油业务方面看到了机会,将保持谨慎态度寻找可能的并购标的 [10] - 在汽车服务业务方面,公司正在推进多项举措,包括产品采购、库存管理等,以提升盈利能力和现金流 [11][33] - 公司将继续关注电网投资和数据中心需求带来的机会,如Southwest Gas和AP等长头寸 [13] 管理层对经营环境和未来前景的评论 - 管理层认为,尽管短期需求不太乐观,但汽车服务业务长期机会广阔,包括产品采购、门店优化等多方面 [33][34] - 公司将继续保持适当的对冲头寸,不会大规模减少空头头寸,因为目前不太适合全面取消 [37][38] - 管理层表示,公司将继续专注于激进投资策略,利用公司品牌和资金优势寻找价值被低估的标的 [41] 问答环节重要的提问和回答 问题1 **Dan Fannon 提问** 询问公司是否考虑通过并购等方式扩大炼油业务 [28] **Andrew Teno 回答** 公司作为长期投资者和交易者,会关注各种可能的机会,包括并购等,但具体取决于找到合适的标的 [29][30][31] 问题2 **Dan Fannon 提问** 询问公司对汽车服务业务的发展计划,是否更多关注成本控制还是销售恢复 [32] **Andrew Teno 回答** 公司认为汽车服务业务长期机会广阔,包括产品采购、门店优化等多方面,短期内仍将重点放在成本控制 [33][34] 问题3 **Dan Fannon 提问** 询问公司在当前宏观环境下的投资机会 [35] **Andrew Teno 回答** 公司认为无论经济环境如何,始终都有机会进行激进投资,公司会持续关注并评估潜在标的 [36]

Losses narrowed and it kept its high-yielding dividend intact. Icahn Enterprises (IEP 4.08%) delivered its first-quarter results before the opening bell Wednesday, narrowing its net losses year over year and keeping its mouth-watering dividend at its previous level. Investors reacted positively to the news, sending shares of the holding company up by as much as 5% in morning trading. As of 12:06 p.m., they had retreated slightly, but were still up by 4.1%. Better results, stable dividend Icahn Enterprises i ...

Icahn Enterprises L.P. Q1 2024 Earnings Presentation March 8, 2024 May 8, 2024 1 Safe Harbor Statement ...

Exhibit 99.1 Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its First Quarter 2024 Financial Results Sunny Isles Beach, Fla, May 8, 2024 – · First quarter net loss attributable to IEP of $38 million, an improvement of $232 million over prior year quarter · First quarter Adjusted EBITDA attributable to IEP of $134 million, an increase of $39 million over prior year quarter · Indicative Net Asset Value was approximately $5 billion as of March 31, 2024, an increase of $194 million compared to December 31 ...

SUNNY ISLES BEACH, Fla., April 29, 2024 /PRNewswire/ -- Icahn Enterprises L.P. (Nasdaq:IEP) announced today that it will discuss its first quarter 2024 results on a webcast on Wednesday, May 8, 2024 - 10:00 a.m. Eastern Time. To access the webcast, viewers should go to this link (webcast). We encourage viewers to access the webcast 15 minutes ahead of the scheduled start time. A replay of the webcast will also be available for at least twelve months at Icahn events and presentations. Icahn Enterprises L.P., ...

公司概况 - Viskase是一家专注于生产肉类和禽类加工行业的纤维和塑料包装的公司，拥有全球销售网络[4] 财务表现 - Viskase的财务表现在2023年表现稳健，净销售额增长，净利润大幅增加[7] - Viskase的运营利润改善主要归因于北美和欧洲，2023年受益于较低的原材料和分销成本[8] - Viskase的杠杆自由现金流增加，资本分配策略主要集中在偿还债务[9] - Viskase的净债务在2023年底为1.508亿美元，净杠杆率相对较低[10] 估值分析 - IEP对Viskase的股权估值与市场估值存在明显差异，导致市场估值较低[1] - Viskase的市值虽有所增长，但基本面仍显示公司被低估[2] - 预计Viskase未来几年的营收将有约3%的复合年增长率，EBITDA利润率可能在9%至15%之间波动[11] - Viskase的EV/EBITDA比率较低，但由于股票流动性较差，历史价格可能不是公司被低估的良好指标[12] - 与主要竞争对手相比，Viskase的估值较低，但由于股票流动性差，可能存在折价[13] 风险提示 - Viskase面临的风险包括原材料成本上涨和股票流动性低可能导致市值下跌[14] - Viskase在2023年取得强劲的财务业绩，公司利用改善的自由现金流加强资产负债表[15]

公司财务状况 - IEP股票在过去12个月中已经损失了超过三分之二的价值[1] - 公司的净资产价值和现金持有量在过去一年中已经减少[3] - 除非再次削减股息，否则IEP公司将在2024年迅速耗尽其现金储备[4] 现金流问题 - IEP公司已经将每股季度股息从2美元降至1美元，以减少现金支出[2] - IEP公司可以通过出售投资份额、收取投资组合股息或发行更多股票来获取新现金[5] - 如果IEP公司无法通过发行更多股票来维持股息，唯一的选择就是通过投资组合快速增值来支持[6] 估值和股息问题 - IEP公司的投资组合中的成功可能会暂时支持其高股息[7] - 目前IEP公司的估值相对于Berkshire Hathaway较高，存在下行风险[8] - IEP公司目前的股息不可持续，估值不合理，股票并不具备吸引力[9] - 可能在股息再次削减并且估值大幅下降后，IEP公司股票将变得有吸引力[10]

Very rarely can a single stock make you a millionaire. Icahn Enterprises (IEP 1.52%) is no exception. Investing in this stock should be part of a diversified approach focused on long-term results. But that doesn't mean shares can't provide meaningful upside to your investment portfolio, especially at today's depressed prices. In the past year, Icahn Enterprises stock has lost roughly two-thirds of its value. Many investors are taking a closer look, given the company is controlled by a well-respected investo ...