Pershing Square (OTCMKTS:PSHZF) Sets New 12-Month High – Should You Buy?

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZFGet Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $56.35 and last traded at $56.10, with a volume of 29972 shares trading hands. The stock had previously closed at $55.05.

Pershing Square Stock Up 0.9 %

The business’s fifty day moving average price is $50.66 and its 200 day moving average price is $48.24.

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 issued a $0.1646 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.16%. This is a boost from Pershing Square’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, February 14th.

Pershing Square Company Profile

(Get Free Report)

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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