Shares of Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF – Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-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.
Pershing Square Trading Up 0.2 %
The company’s fifty day moving average price is $49.13 and its 200-day moving average price is $48.11.
Pershing Square Increases Dividend
The business also recently declared 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 a positive change from Pershing Square’s previous quarterly dividend of $0.15. The ex-dividend date is Friday, February 14th. This represents a $0.66 dividend on an annualized basis and a yield of 1.27%.
Pershing Square Company Profile
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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