Pershing Square (LON:PSH) Shares Down 1.9% – What’s Next?

Pershing Square Holdings (LON:PSH) traded down 1.9% during trading on Monday . The company traded as low as GBX 3,674 ($47.71) and last traded at GBX 3,736 ($48.51). 274,634 shares changed hands during mid-day trading, an increase of 34% from the average session volume of 204,966 shares. The stock had previously closed at GBX 3,810 ($49.47).

Pershing Square Stock Up 0.2 %

The company has a current ratio of 40.41, a quick ratio of 8.65 and a debt-to-equity ratio of 18.59. The stock has a market cap of £8.73 billion, a P/E ratio of 4.00 and a beta of 0.97. The firm has a 50-day simple moving average of GBX 4,097.22 and a two-hundred day simple moving average of GBX 3,866.12.

Pershing Square Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 19th. Shareholders of record on Thursday, November 13th will be paid a $0.16 dividend. This is a boost from Pershing Square’s previous dividend of $0.15. The ex-dividend date of this dividend is Thursday, November 13th. This represents a yield of 0.32%. Pershing Square’s payout ratio is 4.82%.

Pershing Square Company Profile

Pershing Square Holdings (LN:PSHD) (NA:PSH) is an investment holding company structured as a closed-ended fund that makes concentrated investments in publicly traded, principally North American-domiciled, companies. The investment objective is to maximize long-term compound annual rate of growth in intrinsic value per share.