Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $57.38 and last traded at $57.32, with a volume of 72637 shares changing hands. The stock had previously closed at $56.60.
Pershing Square Price Performance
The firm has a 50-day simple moving average of $51.40 and a two-hundred day simple moving average of $48.56.
Pershing Square Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, February 14th will be paid a $0.1646 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.17%. The ex-dividend date is Friday, February 14th. This is a boost from Pershing Square's previous quarterly dividend of $0.15.
About Pershing Square
(
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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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