Pitney Bowes Inc. (NYSE:PBI) Updates On Quarterly Dividend


As per Pitney Bowes Inc. (NYSE:PBI) statement on 2016-08-05, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.188 per share as dividend to stakeholders. The record date is set as 2016-08-22, the payout date as 2016-09-12 and the ex-dividend date is 2016-08-18.

Last fiscal Pitney Bowes Inc. (NYSE:PBI) disbursed cash dividend of $0.188. A year ago, the payout was $0.188, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.188, implying -12.4731% growth.

For the period ended on 2015-12-31, Pitney Bowes Inc. (NYSE:PBI)’s earnings came at $0.39 per share compared to EPS of $0.43 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $0.47 per share.

The interim price target for Pitney Bowes Inc. (NYSE:PBI) is set at $24.5. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Pitney Bowes Inc. (NYSE:PBI) is seen at $28 and the lowest level is established at $20. This broad range highlights a standard deviation of $3.415 in reported estimates.

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