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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
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      "text": "Beginning in Q1 2019, PSH initiated a quarterly dividend of $0.10 per share, a 2.0% yield at the current PSH share price¹",
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      "text": "PSH's current dividend yield is similar to that of the S&P 500\nExpands the universe of potential PSH investors who prefer or require dividends as part of their investment strategy\nDividend represents a return of capital at NAV which can be reinvested in PSH shares at a discount to NAV\nFurther emphasizes that PSH is an attractive alternative to an S&P 500 portfolio",
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      "text": "dividend yield: 2.0%",
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      "text": "(1) As of February 4, 2020",
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      "kind": "title",
      "text": "2019 Corporate Actions: Initiated Dividend",
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