Pershing Square Holdings (LON:PSH - Get Free Report)'s share price was down 1.9% during mid-day trading on Monday . The stock traded as low as GBX 3,674 ($47.39) and last traded at GBX 3,736 ($48.19). 274,634 shares traded hands during mid-day trading, an increase of 34% from the average daily volume of 204,966 shares. The stock had previously closed at GBX 3,810 ($49.15).
Pershing Square Stock Down 7.1 %
The firm has a market cap of £7.71 billion, a price-to-earnings ratio of 3.54 and a beta of 0.97. The stock's 50 day moving average is GBX 4,061.26 and its 200 day moving average is GBX 3,862.98. The company has a quick ratio of 8.65, a current ratio of 40.41 and a debt-to-equity ratio of 18.59.
Pershing Square Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, December 19th. Stockholders of record on Thursday, November 13th will be given a dividend of $0.16 per share. The ex-dividend date is Thursday, November 13th. This is a boost from Pershing Square's previous dividend of $0.15. This represents a dividend yield of 0.32%. Pershing Square's dividend payout ratio (DPR) is 4.82%.
About Pershing Square
(
Get Free Report)
Pershing Square Holdings LN:PSHD) (NA: PSH is an investment holding company structured as a closed-ended fund that makes concentrated investments in publicly traded, principally North American-domiciled, companies. The investment objective is to maximize long-term compound annual rate of growth in intrinsic value per share.
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