5 Very High Yield Dividend Stocks to Check Out

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

Dividend Yield as of September 27: 16.28%

Icahn Enterprises L.P. (NASDAQ:IEP) is an American diversified holding company that provides services in a wide range of industries. The company has sustained the same quarterly payout of $2.00 per share since 2019. As of September 27, the stock’s dividend yield stood at 16.28%.

In Q2 2022, Icahn Enterprises L.P. (NASDAQ:IEP) reported revenue of $3.5 billion, up 17.1% from the same period last year. Its cash position remained strong during the quarter as it had $2.4 billion available in cash and cash equivalents and $26.9 billion in total assets. In the first six months of the year, the company’s net income stood at $195 million.

At the end of Q2 2022, Icahn Enterprises L.P. (NASDAQ:IEP) was a part of 2 hedge fund portfolios, compared with 4 in the preceding quarter, according to Insider Monkey’s data. The collective value of stakes owned by these hedge funds stood at $13.3 billion, with Icahn Capital LLP owning the major position in the company.