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Pershing Square (OTCMKTS:PSHZF) Share Price Crosses Above Fifty Day Moving Average - What's Next?

Pershing Square logo with Finance background

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $49.13 and traded as high as $52.26. Pershing Square shares last traded at $51.76, with a volume of 3,372 shares traded.

Pershing Square Stock Performance

The firm has a 50 day moving average price of $49.25 and a two-hundred day moving average price of $48.13.

Pershing Square Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, February 14th will be paid a dividend of $0.1646 per share. This is an increase from Pershing Square's previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.28%.

About Pershing Square

(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.

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