Pitney Bowes Inc. (NYSE:PBI) Declares $0.09 Quarterly Dividend

Pitney Bowes Inc. (NYSE:PBI) declared a quarterly dividend on Monday, February 16th. Investors of record on Friday, February 27th will be paid a dividend of 0.09 per share by the technology company on Monday, March 30th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, February 27th.

Pitney Bowes has a payout ratio of 27.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Pitney Bowes to earn $1.31 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 27.5%.

Pitney Bowes Trading Up 12.4%

Shares of PBI opened at $11.51 on Wednesday. The firm has a market capitalization of $1.85 billion, a PE ratio of 25.30, a P/E/G ratio of 0.48 and a beta of 1.41. The stock’s 50 day moving average is $10.42 and its two-hundred day moving average is $10.75. Pitney Bowes has a twelve month low of $7.39 and a twelve month high of $13.11.

Pitney Bowes (NYSE:PBI) last released its quarterly earnings data on Tuesday, February 17th. The technology company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. The firm had revenue of $477.63 million for the quarter, compared to the consensus estimate of $482.47 million. Pitney Bowes had a net margin of 4.14% and a negative return on equity of 38.38%. The firm’s revenue was down 7.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.32 earnings per share. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. On average, sell-side analysts predict that Pitney Bowes will post 1.21 EPS for the current year.

Institutional Trading of Pitney Bowes

A number of institutional investors and hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its position in Pitney Bowes by 41.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock worth $38,000 after acquiring an additional 1,015 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Pitney Bowes by 190.9% in the 4th quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company’s stock worth $40,000 after acquiring an additional 2,459 shares in the last quarter. UMB Bank n.a. grew its position in Pitney Bowes by 404.6% during the 4th quarter. UMB Bank n.a. now owns 4,022 shares of the technology company’s stock worth $43,000 after acquiring an additional 3,225 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Pitney Bowes during the 2nd quarter valued at $51,000. Finally, Canada Pension Plan Investment Board bought a new position in Pitney Bowes in the 2nd quarter valued at $51,000. 67.88% of the stock is currently owned by institutional investors and hedge funds.

About Pitney Bowes

Pitney Bowes Inc (NYSE: PBI) is an American technology company that specializes in shipping, mailing, and e-commerce solutions. Founded in 1920 by Walter Bowes and Arthur Pitney, the company pioneered postage meter technology and has since evolved to offer a broad portfolio of hardware, software, and services designed to streamline physical and digital communications. Headquartered in Stamford, Connecticut, Pitney Bowes leverages a century of expertise to serve enterprises, small businesses, and government agencies around the globe.

The company’s core offerings span mailing and shipping equipment, including postage meters, folder inserters, and address verification systems, alongside integrated software platforms for customer information management, data analytics, and location intelligence.