Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $56.35 and last traded at $56.10, with a volume of 29972 shares traded. The stock had previously closed at $55.05.
Pershing Square Stock Performance
The company’s 50-day moving average price is $50.66 and its 200-day moving average price is $48.24.
Pershing Square Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, February 14th will be given a $0.1646 dividend. The ex-dividend date is Friday, February 14th. This is a boost from Pershing Square’s previous quarterly dividend of $0.15. This represents a $0.66 dividend on an annualized basis and a yield of 1.16%.
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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