Published on 5 May 2024 on Simply Wall St. via Yahoo Finance
Pitney Bowes (NYSE:PBI) Has Announced A Dividend Of $0.05
The board of Pitney Bowes Inc. (NYSE:PBI) has announced that it will pay a dividend of $0.05 per share on the 7th of June. This makes the dividend yield 3.8%, which will augment investor returns quite nicely.
While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Investors will be pleased to see that Pitney Bowes' stock price has increased by 41% in the last 3 months, which is good for shareholders and can also explain a decrease in the dividend yield.