Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $47.47 and traded as high as $50.40. Pershing Square shares last traded at $50.25, with a volume of 9,099 shares changing hands.
Pershing Square Price Performance
The business's 50-day moving average price is $47.55 and its 200-day moving average price is $49.23.
Pershing Square Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, June 20th. Stockholders of record on Monday, May 19th will be given a $0.1646 dividend. This represents a dividend yield of 1.31%. This is a boost from Pershing Square's previous dividend of $0.15. The ex-dividend date of this dividend is Friday, May 16th.
Pershing Square Company Profile
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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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