Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) Declares Quarterly Dividend of $0.16

Key Points

• Pershing Square Holdings, Ltd. has declared a quarterly dividend of $0.16 per share, with stockholders of record to be paid on September 19th.
• The company’s shares recently traded at $54.55, showing a 1.2% dividend yield based on the announced dividend.
• Pershing Square is a closed-ended balanced fund that primarily invests in value stocks across various sectors.

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) announced a quarterly dividend on Wednesday, August 6th, RTT News reports. Stockholders of record on Friday, August 15th will be paid a dividend of 0.1646 per share by the financial services provider on Friday, September 19th. This represents a c) annualized dividend and a dividend yield of 1.2%.

Pershing Square Price Performance

Shares of Pershing Square stock traded up $0.80 during midday trading on Friday, hitting $54.80. The company's stock had a trading volume of 14,647 shares, compared to its average volume of 18,890. The stock has a 50-day simple moving average of $54.58 and a 200-day simple moving average of $51.67. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.01 and a current ratio of 2.01. Pershing Square has a 1-year low of $40.35 and a 1-year high of $58.27.

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.