Icahn Enterprises LP (IEP)

[ItsMyOption]

why IEP always goes down right before Dividend payout? MY GUESS IS ICAHN GROUP IS MINIPULATING THE PPS FOR THEIR BENIFITS BY SELLING SHARES TO DROP PPS TO GET MORE DIVIDEND SHARES. With all the shares Icahn has it is easy for them to sell to manipulate the pps down. This should be a SEC violation.

How the Share Amount Is Calculated
When a company offers a stock dividend or a dividend reinvestment option, the math is straightforward:

The key is which share price the company uses — and this is where plans differ.

🧮 What Price Do They Use?
Companies or DRIP plans typically use one of these:
1. Market Price on the Dividend Payment Date
• Often the average of the high and low for the day.
• Or the closing price.
2. Average Price Over Several Days
• Common in DRIPs: a 5-day or 10-day average around the payment date.