Pitney Bowes Inc. (PBI) to Distribute Quarterly Dividend of $0.01 on September 8th

Pitney Bowes Inc. (NYSE:PBI) declared a quarterly dividend on Wednesday, July 29th. Investors of record on Monday, August 10th will be paid a dividend of 0.01 per share by the technology company on Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, August 10th.

Pitney Bowes has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 1 years. Pitney Bowes has a dividend payout ratio of 31.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Pitney Bowes to earn $1.76 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 22.7%.

Pitney Bowes Price Performance

NYSE:PBI opened at $18.13 on Friday. The stock has a market cap of $2.46 billion, a P/E ratio of 14.86, a PEG ratio of 0.79 and a beta of 1.62. Pitney Bowes has a one year low of $8.95 and a one year high of $19.07. The company has a fifty day moving average price of $17.27 and a 200 day moving average price of $13.74.

Pitney Bowes (NYSE:PBI) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.09. The firm had revenue of $451.50 million during the quarter, compared to the consensus estimate of $453.94 million. Pitney Bowes had a net margin of 10.04% and a negative return on equity of 32.14%. The business’s revenue was down 2.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.27 EPS. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. As a group, equities research analysts anticipate that Pitney Bowes will post 1.62 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on PBI shares. Weiss Ratings upgraded shares of Pitney Bowes from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. Bank of America upgraded Pitney Bowes from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $9.50 to $16.50 in a research note on Monday, May 11th. Wall Street Zen raised Pitney Bowes from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 25th. Citigroup reiterated an “outperform” rating on shares of Pitney Bowes in a research report on Friday. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $17.30 price objective on shares of Pitney Bowes in a report on Thursday. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Pitney Bowes has an average rating of “Hold” and a consensus target price of $16.95.

Pitney Bowes Company Profile

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.