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Pitney Bowes Declares Common Stock Dividend

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Rhea-AI Summary

Pitney Bowes Inc. (NYSE:PBI) has announced a quarterly cash dividend of $0.05 per share on its common stock. This dividend will be paid on December 8, 2020, to stockholders recorded as of November 17, 2020. The company's diverse solutions in ecommerce, shipping, mailing, and financial services are utilized by clients including 90% of Fortune 500 companies, reflecting its significant role in facilitating global commerce.

Positive
  • Quarterly cash dividend of $0.05 per share announced.
  • Dividend payment enhances shareholder value.
  • Strong client base includes 90% of Fortune 500 companies.
Negative
  • None.

STAMFORD, Conn.--()--Pitney Bowes Inc. (NYSE:PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing 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 December 8, 2020, to stockholders of record on November 17, 2020.

About Pitney Bowes

Pitney Bowes (NYSE:PBI) is a global technology company providing commerce solutions that power billions of transactions. Clients around the world, including 90 percent of the Fortune 500, rely on the accuracy and precision delivered by Pitney Bowes solutions, analytics, and APIs in the areas of ecommerce fulfillment, shipping and returns; cross-border ecommerce; office mailing and shipping; presort services; and financing. For 100 years Pitney Bowes has been innovating and delivering technologies that remove the complexity of getting commerce transactions precisely right. For additional information visit Pitney Bowes, the Craftsmen of Commerce, at www.pitneybowes.com.

Contacts

Bill Hughes
Chief Communications Officer
Pitney Bowes
203 351 6785
William.hughes@pb.com

FAQ

What is the dividend amount declared by Pitney Bowes?

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

When will Pitney Bowes pay the dividend?

The dividend will be paid on December 8, 2020.

What is the record date for the dividend payment?

The record date for the dividend payment is November 17, 2020.

How often does Pitney Bowes pay dividends?

Pitney Bowes typically pays dividends quarterly.

Is the dividend sustainable for Pitney Bowes?

The press release does not provide specific information on the sustainability of the dividend.

Pitney Bowes Inc.

NYSE:PBI

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1.38B
178.09M
1.87%
69.91%
7.28%
Integrated Freight & Logistics
Office Machines, Nec
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United States of America
STAMFORD