Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $50.49 and traded as high as $56.35. Pershing Square shares last traded at $56.10, with a volume of 29,672 shares.
Pershing Square Trading Up 0.9 %
The business has a fifty day simple moving average of $50.81 and a 200 day simple moving average of $48.29.
Pershing Square Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, February 14th will be issued a dividend of $0.1646 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Friday, February 14th. This is an increase 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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