Pershing Square Inc. (NYSE:PS) to Issue $0.12 Quarterly Dividend

Pershing Square Inc. (NYSE:PS) announced a quarterly dividend on Thursday, July 2nd. Shareholders of record on Monday, July 13th will be given a dividend of 0.122 per share on Tuesday, July 21st. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, July 13th.

Pershing Square Stock Performance

Shares of NYSE PS opened at $32.53 on Friday. Pershing Square has a 1-year low of $22.01 and a 1-year high of $54.94. The business has a 50-day moving average of $35.89. The company has a market capitalization of $13.01 billion, a P/E ratio of -40.21 and a beta of 2.27.

Pershing Square Company Profile

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.