Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF – Get Free Report)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $49.85 and traded as high as $51.39. Pershing Square shares last traded at $50.92, with a volume of 13,755 shares traded.
Pershing Square Stock Down 1.2 %
The firm’s 50-day moving average price is $49.85 and its two-hundred day moving average price is $48.06.
Pershing Square Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, February 14th will be given a dividend of $0.1646 per share. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Pershing Square’s previous quarterly dividend of $0.15. This represents a $0.66 dividend on an annualized basis and a yield of 1.29%.
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.
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