5 Dividend Stocks to Buy According to Murray Stahl’s Horizon Asset Management

1. Icahn Enterprises L.P. (NASDAQ:IEP)

Horizon Asset Management Stake Value: $28,033,000
Percentage of Horizon Asset Management’s 13F Portfolio: 0.65%
Number of Hedge Fund Holders: 4
Dividend Yield: 15.83%

Icahn Enterprises L.P. (NASDAQ:IEP), a diversified holding company, holds a controlling interest in ten different types of enterprises. Icahn Enterprises works in various industries, including automotive, energy, food packaging, gaming, home fashion, investment, metals, mining, real estate, and train cars.

In the third quarter of 2021, Horizon Asset Management owned 561,214 shares in Icahn Enterprises L.P. (NASDAQ:IEP), worth $28.03 million. This represented 0.65% of the investment portfolio of the hedge fund. In November, Icahn Enterprises L.P. (NASDAQ:IEP) declared a quarterly dividend of $2.00, in line with previous.

In the third quarter of 2021, Icahn Enterprises L.P. (NASDAQ:IEP) posted EPS of -$0.55, missing the Street estimates by $0.66. However, revenue in the quarter jumped 265.1% to $2.64 billion, beating the Street’s forecast by $10 million. Out of the hedge funds being tracked by Insider Monkey, Icahn Capital LP is a leading shareholder in Icahn Enterprises L.P. (NASDAQ:IEP) with 247.12 million shares worth more than $12.34 billion.

You can also take a peek at 10 Canadian Dividend Stocks with Over 3% Yield and 10 Monthly Dividend Stocks With Over 5% Yield

Follow Insider Monkey on Twitter