Pitney Bowes(NYSE:PBI) Declares Dividend of $0.1875.

Pitney Bowes (NYSE:PBI) had declared a cash dividend of $0.1875 on Aug 5, 2016. The shares will quote ex-dividend on Aug 18, 2016 and the record date has been fixed for Aug 22, 2016. On Aug 5, 2016 share price, the yield comes out to be 4.0984%. The dividend payable date has been fixed on Sep 12, 2016.

Pitney Bowes (PBI) made into the market gainers list on Wednesdays trading session with the shares advancing 0.43% or 0.08 points. Due to strong positive momentum, the stock ended at $18.6, which is also near the day’s high of $18.61. The stock began the session at $18.52 and the volume stood at 15,28,627 shares. The 52-week high of the shares is $21.81 and the 52 week low is $16.24. The company has a current market capitalization of $3,452 M and it has 18,55,89,840 shares in outstanding.

Pitney Bowes(PBI) last announced its earnings results on Aug 2, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $835.89M. Analysts had an estimated revenue of $852.46M. Earnings per share were $0.39. Analysts had estimated an EPS of $0.39.

Several Insider Transactions has been reported to the SEC. On Nov 2, 2015, Marc Bradley Lautenbach (CEO) purchased 12,007 shares at $20.81 per share price.

Pitney Bowes Inc. is a provider of technology solutions. The Company offers solutions for direct mail transactional mail customer engagement management and analytics and e-commerce parcel management along with digital channel messaging for the Web e-mail and mobile applications. The Company’s business is organized around three sets of solutions: small and medium business (SMB) Solutions enterprise business solutions and digital commerce solutions (DCS). Its Enterprise Business Solutions includes equipment and services to process inbound and outbound mail. Its SMB Solutions provides a range of mailing equipment and postage meters maintenance and support services and supplies. Its DCS provides a range of software solutions customer engagement and communication solutions data management products and solutions e-commerce parcel management solutions and targeted direct marketing programs. Its subsidiaries include The Pitney Bowes Bank (the Bank) and Borderfree Inc.

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