Shares of Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $52.32 and traded as low as $49.75. Pershing Square shares last traded at $50.30, with a volume of 21,572 shares changing hands.
Pershing Square Price Performance
The business's fifty day moving average price is $52.18 and its two-hundred day moving average price is $49.22.
Pershing Square Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, February 14th were paid a dividend of $0.1646 per share. This represents a $0.66 annualized dividend and a yield of 1.33%. This is an increase from Pershing Square's previous quarterly dividend of $0.15. The ex-dividend date was Friday, February 14th.
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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