Icahn Enterprises LP (NASDAQ:IEP) confirms that the board of its general partner intends to maintain the regular quarterly distribution of $2.00 per depositary unit for the foreseeable future.
Depositary unitholders will continue to have the right to make an election each quarter to receive either cash or additional depositary units.
If a unitholder does not make an election, it will automatically be deemed to have elected to receive the distribution in cash.