Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF – Get Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $52.32 and traded as low as $49.75. Pershing Square shares last traded at $50.30, with a volume of 21,572 shares trading hands.
Pershing Square Stock Performance
The firm’s 50-day moving average is $52.32 and its 200-day moving average is $49.15.
Pershing Square Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, February 14th were issued a dividend of $0.1646 per share. This is an increase from Pershing Square’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.31%.
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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