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.
US State Department has issued a Shelter-in-Place order for all Americans in Bahrain
US Used Car Prices YoY (Mar) Y/Y 6.2% (Prev. 4%)
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
Pershing Square's (PSH LN) Ackman says he would finance the deal for UMG (UMG NA) in part by selling Universal's stake in Spotify (SPOT)
US and Israel are intensifying attacks in an effort to force Iran to open the Strait of Hormuz and reach a cease-fire deal, NYT reports
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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.
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