Pershing Square Holdings (LON:PSH – Get Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 4,372 ($54.03) and last traded at GBX 4,362 ($53.91), with a volume of 44733 shares traded. The stock had previously closed at GBX 4,366 ($53.95).
Pershing Square Stock Performance
The stock has a market cap of £8.11 billion, a price-to-earnings ratio of 418.38 and a beta of 0.97. The company has a debt-to-equity ratio of 19.50, a quick ratio of 8.65 and a current ratio of 22.15. The stock’s 50-day simple moving average is GBX 4,026.37 and its two-hundred day simple moving average is GBX 3,763.79.
Pershing Square Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, December 19th. Shareholders of record on Thursday, November 13th will be given a dividend of $0.16 per share. This is a positive change from Pershing Square’s previous dividend of $0.15. The ex-dividend date of this dividend is Thursday, November 13th. This represents a yield of 0.32%. Pershing Square’s payout ratio is currently 436.43%.
Insiders Place Their Bets
About Pershing Square
Pershing Square Holdings (LN:PSHD) (NA:PSH) is an investment holding company structured as a closed-ended fund that makes concentrated investments in publicly traded, principally North American-domiciled, companies. The investment objective is to maximize long-term compound annual rate of growth in intrinsic value per share.
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