Pitney Bowes Inc., a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States, Canada, and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments. The Global Ecommerce segment provides domestic parcel services, cross-border solutions, and digital delivery services. The Presort Services segment offers mail sortation services, which allow clients to qualify volumes of first-class mail, marketing mail, and bound and packet mail for postal work sharing discounts. The SendTech Solutions segment provides physical and digital mailing and shipping technology solutions, financing, services, supplies, and other applications for sending, tracking and receiving of letters, parcels, and flats. Pitney Bowes Inc. markets its products, solutions, and services through direct and inside sales force, global and regional partner channels, direct mailings, and digital channels. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 and is headquartered in Stamford, Connecticut.
Pitney Bowes Dividend Announcement
• Pitney Bowes announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-12-06. Ex dividend date: 2024-11-18
• Pitney Bowes annual dividend for 2024 was $0.20
• Pitney Bowes annual dividend for 2023 was $0.20
• Pitney Bowes's trailing twelve-month (TTM) dividend yield is 2.64%
• Pitney Bowes's payout ratio for the trailing twelve months (TTM) is -9.16%
• Pitney Bowes's dividend growth over the last five years (2018-2023) was -23.23% year
• Pitney Bowes's dividend growth over the last ten years (2013-2023) was -14.31% year
Pitney Bowes Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-18 | $0.05 | quarterly | 2024-12-06 |
2024-08-22 | $0.05 | quarterly | 2024-09-06 |
2024-05-22 | $0.05 | quarterly | 2024-06-07 |
2024-02-08 | $0.05 | quarterly | 2024-03-14 |
2023-11-14 | $0.05 | quarterly | 2023-12-06 |
2023-08-21 | $0.05 | quarterly | 2023-09-08 |
2023-05-22 | $0.05 | quarterly | 2023-06-08 |
2023-02-16 | $0.05 | quarterly | 2023-03-14 |
2022-11-14 | $0.05 | quarterly | 2022-12-06 |
2022-08-19 | $0.05 | quarterly | 2022-09-08 |
2022-05-20 | $0.05 | quarterly | 2022-06-08 |
2022-02-17 | $0.05 | quarterly | 2022-03-14 |
2021-11-15 | $0.05 | quarterly | 2021-12-07 |
2021-08-19 | $0.05 | quarterly | 2021-09-08 |
2021-05-20 | $0.05 | quarterly | 2021-06-07 |
2021-02-11 | $0.05 | quarterly | 2021-03-08 |
2020-11-16 | $0.05 | quarterly | 2020-12-08 |
2020-08-20 | $0.05 | quarterly | 2020-09-09 |
2020-05-21 | $0.05 | quarterly | 2020-06-08 |
2020-02-13 | $0.05 | quarterly | 2020-03-09 |
2019-11-18 | $0.05 | quarterly | 2019-12-10 |
2019-08-22 | $0.05 | quarterly | 2019-09-11 |
2019-05-23 | $0.05 | quarterly | 2019-06-10 |
2019-02-14 | $0.05 | quarterly | 2019-03-11 |
2018-11-19 | $0.19 | quarterly | 2018-12-11 |
2018-08-23 | $0.19 | quarterly | 2018-09-11 |
2018-05-24 | $0.19 | quarterly | 2018-06-11 |
2018-02-15 | $0.19 | quarterly | 2018-03-12 |
2017-11-20 | $0.19 | quarterly | 2017-12-12 |
2017-08-23 | $0.19 | quarterly | 2017-09-12 |
2017-05-24 | $0.19 | quarterly | 2017-06-12 |
2017-02-15 | $0.19 | quarterly | 2017-03-13 |
2016-11-17 | $0.19 | quarterly | 2016-12-12 |
2016-08-18 | $0.19 | quarterly | 2016-09-12 |
2016-05-25 | $0.19 | quarterly | 2016-06-13 |
2016-02-17 | $0.19 | quarterly | 2016-03-12 |
2015-11-18 | $0.19 | quarterly | 2015-12-11 |
2015-08-19 | $0.19 | quarterly | 2015-09-11 |
2015-05-27 | $0.19 | quarterly | 2015-06-12 |
2015-02-18 | $0.19 | quarterly | 2015-03-12 |
2014-11-19 | $0.19 | quarterly | 2014-12-12 |
2014-08-20 | $0.19 | quarterly | 2014-09-12 |
2014-05-28 | $0.19 | quarterly | 2014-06-12 |
2014-02-12 | $0.19 | quarterly | 2014-03-12 |
2013-11-14 | $0.19 | quarterly | 2013-12-12 |
2013-08-07 | $0.19 | quarterly | 2013-09-12 |
2013-05-08 | $0.19 | quarterly | 2013-06-12 |
2013-02-13 | $0.38 | quarterly | 2013-03-12 |
Pitney Bowes Dividend per year
Pitney Bowes Dividend growth
Pitney Bowes Dividend Yield
Pitney Bowes current trailing twelve-month (TTM) dividend yield is 2.64%. Interested in purchasing Pitney Bowes stock? Use our calculator to estimate your expected dividend yield:
Pitney Bowes Financial Ratios
Pitney Bowes Dividend FAQ
Other factors to consider when evaluating Pitney Bowes as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Pitney Bowes's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Pitney Bowes publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Pitney Bowes distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Pitney Bowes are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Pitney Bowes sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Pitney Bowes distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Pitney Bowes declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Pitney Bowes's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Pitney Bowes's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.