Pershing Square (OTCMKTS:PSHZF) Share Price Passes Above 50 Day Moving Average – Here’s Why

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZFGet Free Report)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $49.13 and traded as high as $52.26. Pershing Square shares last traded at $51.76, with a volume of 3,372 shares.

Pershing Square Trading Up 0.2 %

The company’s 50-day simple moving average is $49.13 and its 200 day simple moving average is $48.11.

Pershing Square Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, February 14th will be paid a $0.1646 dividend. This represents a $0.66 annualized dividend and a yield of 1.27%. This is an increase from Pershing Square’s previous quarterly dividend of $0.15. The ex-dividend date is Friday, February 14th.

Pershing Square Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Pershing Square Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pershing Square and related companies with MarketBeat.com's FREE daily email newsletter.