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

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. Investors 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 yield of 1.2%.

Pershing Square Stock Up 1.5%

OTCMKTS:PSHZF traded up $0.80 during mid-day trading on Friday, hitting $54.80. The 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 two-hundred day simple moving average of $51.67. Pershing Square has a twelve month low of $40.35 and a twelve month high of $58.27. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.18.

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.