Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF – Get Free Report)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $40.35 and last traded at $42.61, with a volume of 67500 shares changing hands. The stock had previously closed at $43.67.
Pershing Square Stock Down 2.4 %
The company’s 50 day moving average price is $51.55 and its 200 day moving average price is $49.24.
Pershing Square Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, February 14th were paid a dividend of $0.1646 per share. This represents a $0.66 annualized dividend and a yield of 1.55%. This is a boost from Pershing Square’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, February 14th.
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.
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