Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $48.20 and traded as high as $53.64. Pershing Square shares last traded at $53.05, with a volume of 43,832 shares traded.
Pershing Square Stock Performance
The firm's 50 day moving average is $48.51 and its 200 day moving average is $49.82.
Pershing Square Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, May 19th will be given a dividend of $0.1646 per share. This represents a yield of 1.31%. The ex-dividend date of this dividend is Friday, May 16th. This is an increase from Pershing Square's previous dividend of $0.15.
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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