Pitney-Bowes (PBI) Lowers Quarterly Dividend 73.3% to $0.05; Adds $100M to Buyback

Pitney-Bowes (NYSE: PBI) declared a quarterly dividend of $0.05 per share, or $0.20 annualized. This is a 73.3% decrease from the prior dividend of $0.1875. The dividend will be payable on March 11, 2019, to stockholders of record on February 15, 2019, with an ex-dividend date of February 14, 2019. The annual yield on the dividend is 3.1 percent.

The Board of Directors authorized an incremental $100 million share repurchase, which brings the total authorization to $121 million

For a dividend history and other dividend-related data on Pitney-Bowes (PBI) click here.

You May Also Be Interested In

• Pegasystems (PEGA) Declares $0.083 Special Dividend; 0.2% Yield
• LyondellBasell Industries (LYB) Declares $0.69 Quarterly Dividend; 4.4% Yield
• 3M Co. (MMM) Declares $0.78 Quarterly Dividend; 1.7% Yield