Pitney Bowes Declares Common Stock Dividend

Rhea-AI Summary

Pitney Bowes (NYSE:PBI) has declared a quarterly cash dividend of $0.05 per share, scheduled for payment on June 8, 2022. This dividend will benefit stockholders recorded as of May 23, 2022. As a global shipping and mailing company, Pitney Bowes serves a vast clientele, including over 90% of the Fortune 500, providing technology, logistics, and financial services. This move signals the company's commitment to returning value to its shareholders amidst its operational activities.

Positive

• Declaring a quarterly cash dividend of $0.05 per share indicates confidence in generating consistent income for shareholders.
• The company serves more than 90% of the Fortune 500, showcasing its strong market position.

Negative

• None.

STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes Inc. (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend will be paid on June 8, 2022 to stockholders of record on May 23, 2022.

About Pitney Bowes

Pitney Bowes (NYSE:PBI) is a global shipping and mailing company that provides technology, logistics, and financial services to more than 90 percent of the Fortune 500. Small business, retail, enterprise, and government clients around the world rely on Pitney Bowes to remove the complexity of sending mail and parcels. For the latest news, corporate announcements and financial results, visit https://www.pitneybowes.com/us/newsroom.html. For additional information, visit Pitney Bowes at www.pitneybowes.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220502005540/en/

Bill Hughes

Chief Communications Officer

Pitney Bowes

203 351 6785

William.hughes@pb.com

Source: Pitney Bowes Inc.

FAQ

What is the dividend amount declared by Pitney Bowes (PBI)?

Pitney Bowes has declared a dividend of $0.05 per share.

When will the dividend be paid to shareholders of Pitney Bowes (PBI)?

The dividend will be paid on June 8, 2022.

What is the record date for the Pitney Bowes (PBI) dividend?

The record date for the dividend is May 23, 2022.

How often does Pitney Bowes (PBI) pay dividends?

Pitney Bowes pays dividends quarterly.

Is the dividend from Pitney Bowes (PBI) sustainable?

While the current dividend demonstrates commitment, sustainability will depend on future financial performance.