Pitney Bowes Declares Common Stock Dividend

Rhea-AI Summary

Pitney Bowes (NYSE:PBI) has announced a quarterly cash dividend of $0.05 per share, payable on March 14, 2023. Stockholders on record as of February 17, 2023 will receive this dividend, reinforcing Pitney Bowes' commitment to returning value to its shareholders.

This announcement showcases the company's ongoing financial strategy to reward investors amidst its global operations in shipping, mailing technology, logistics, and financial services.

Positive

• Quarterly cash dividend of $0.05 per share to enhance shareholder value.
• The dividend payment reflects the company's commitment to returning profits to investors.

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 March 14, 2023 to stockholders of record on February 17, 2023.

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/20230206005604/en/

Bill Hughes

Chief Communications Officer

Pitney Bowes

203 351 6785

William.hughes@pb.com

Source: Pitney Bowes Inc.

FAQ

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

The dividend will be paid on March 14, 2023.

What amount will Pitney Bowes (PBI) pay in dividends?

Pitney Bowes will pay a quarterly cash dividend of $0.05 per share.

When is the record date for receiving the dividend from Pitney Bowes (PBI)?

The record date for the dividend is February 17, 2023.

How frequently does Pitney Bowes (PBI) pay dividends?

Pitney Bowes typically pays dividends quarterly.

Is the dividend payment from Pitney Bowes (PBI) sustainable?

The sustainability of the dividend will depend on the company's ongoing financial performance.