Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Plans Dividend Increase – $0.16 Per Share

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) declared a dividend on Monday, January 20th,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.1646 per share by the financial services provider on Friday, March 21st. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Pershing Square’s previous dividend of $0.15.

Pershing Square Stock Up 1.0 %

Pershing Square stock traded up $0.53 during midday trading on Tuesday, hitting $52.20. 43,458 shares of the company were exchanged, compared to its average volume of 35,555. Pershing Square has a fifty-two week low of $42.26 and a fifty-two week high of $55.86. The business has a fifty day simple moving average of $48.37 and a two-hundred day simple moving average of $48.18.

Pershing Square Company Profile

Pershing Square Holdings, Ltd. is a closed-ended balanced fund launched and managed by Pershing Square Capital Management, L.P. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.