Pershing Square (LON:PSH) Shares Down 1.5%

Pershing Square Holdings (LON:PSH)’s share price fell 1.5% during trading on Monday . The stock traded as low as GBX 3,534 ($47.27) and last traded at GBX 3,534 ($47.27). 102,370 shares were traded during trading, a decline of 40% from the average session volume of 171,935 shares. The stock had previously closed at GBX 3,588 ($47.99).

Pershing Square Price Performance

The business has a 50 day simple moving average of GBX 3,649.45 and a two-hundred day simple moving average of GBX 3,944.47. The firm has a market capitalization of £6.50 billion, a P/E ratio of 335.29 and a beta of 0.97. The company has a debt-to-equity ratio of 19.50, a quick ratio of 8.65 and a current ratio of 22.15.

Pershing Square Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, November 14th will be given a $0.15 dividend. This represents a dividend yield of 0.32%. This is a boost from Pershing Square’s previous dividend of $0.13. The ex-dividend date of this dividend is Thursday, November 14th. Pershing Square’s dividend payout ratio is 436.43%.

About Pershing Square

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.