Shares of Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) crossed 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.
Pershing Square Price Performance
The company's 50-day moving average is $50.04 and its 200-day moving average is $48.03.
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 dividend of $0.1646 per share. The ex-dividend date is Friday, February 14th. This is a boost from Pershing Square's previous quarterly dividend of $0.15. This represents a $0.66 annualized dividend and a dividend yield of 1.25%.
Pershing Square Company Profile
(
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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.
Further Reading
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