Pershing Square Inc. (NYSE:PS – Get Free Report) announced a quarterly dividend on Thursday, July 2nd. Stockholders of record on Monday, July 13th will be paid a dividend of 0.122 per share on Tuesday, July 21st. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, July 13th.
Pershing Square Price Performance
Shares of NYSE PS opened at $32.53 on Friday. The company has a market cap of $13.01 billion, a P/E ratio of -40.21 and a beta of 2.27. The business’s 50 day simple moving average is $35.89. Pershing Square has a 12 month low of $22.01 and a 12 month high of $54.94.
About Pershing Square
Pershing Square (NYSE: PS) is a publicly traded investment holding company managed by Pershing Square Capital Management, L.P., the investment firm founded and led by William “Bill” Ackman. The vehicle provides outside investors with exposure to the firm’s concentrated, actively managed investment program and is designed to deliver long‑term capital appreciation through a portfolio of equity and related positions.
The company’s principal activities center on investing in publicly traded companies, typically through concentrated long equity positions and selectively using derivatives or other instruments for hedging or to implement investment views.
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