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Pershing Square (OTCMKTS:PSHZF) Hits New 1-Year High - What's Next?

Pershing Square logo with Finance background

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $56.35 and last traded at $56.10, with a volume of 29972 shares traded. The stock had previously closed at $55.05.

Pershing Square Price Performance

The business's fifty day simple moving average is $50.81 and its 200-day simple moving average is $48.29.

Pershing Square Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, February 14th will be issued a $0.1646 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Pershing Square's previous quarterly dividend of $0.15.

Pershing Square Company Profile

(Get Free Report)

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.

Further Reading

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