Pershing Square's (PSH LN) Ackman says he is not cutting the current dividend, but will grow the dividend at 2% per annum over time

Ackman's statement on maintaining the current dividend while targeting a 2% annual growth signals a commitment to shareholder returns, which is generally supportive for stock sentiment. For investors, this indicates stability and potentially attractive yields in a volatile market, aligning with broader trends of companies focusing on returning capital to shareholders amid economic uncertainty.