Pitney Bowes Declares Common Stock Dividend

Rhea-AI Summary

Pitney Bowes (NYSE:PBI) has declared a quarterly cash dividend of $0.05 per share, set to be paid on December 6, 2022, to stockholders of record on November 15, 2022. This announcement reinforces the company's commitment to returning value to its shareholders amidst challenging market conditions.

Positive

• The declaration of a quarterly cash dividend of $0.05 per share indicates financial stability.
• The payment date set for December 6, 2022, offers shareholders timely income.

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 December 6, 2022 to stockholders of record on November 15, 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/20221103006356/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 quarterly cash dividend of $0.05 per share.

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

The dividend will be paid on December 6, 2022.

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

The record date for the dividend is November 15, 2022.

How often does Pitney Bowes (PBI) pay dividends?

Pitney Bowes pays dividends quarterly.

Is the Pitney Bowes (PBI) dividend sustainable?

While the announcement demonstrates commitment to dividends, further analysis of financial health is necessary to assess sustainability.