Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $57.38 and last traded at $57.32, with a volume of 72637 shares changing hands. The stock had previously closed at $56.60.
Pershing Square Price Performance
The business’s fifty day moving average is $51.27 and its two-hundred day moving average is $48.48.
Pershing Square Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, February 14th will be given a dividend of $0.1646 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.17%. 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.
About Pershing Square
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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