Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $48.69 and traded as high as $53.40. Pershing Square shares last traded at $53.25, with a volume of 14,381 shares changing hands.
Pershing Square Trading Down 0.5%
The stock has a 50-day simple moving average of $49.29 and a two-hundred day simple moving average of $50.10.
Pershing Square Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, June 20th. Investors of record on Monday, May 19th will be paid a $0.1646 dividend. The ex-dividend date of this dividend is Friday, May 16th. This is a positive change from Pershing Square's previous dividend of $0.15. This represents a yield of 1.31%.
About Pershing Square
(
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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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