Pitney Bowes Board Declares Common, Preference and Preferred Stock Dividends
April 30 2013 - 7:00AM
Business Wire
In connection with the ongoing management of the Company’s
capital structure, The Board of Directors of Pitney Bowes Inc.
(NYSE: PBI) approved a reduced second quarter dividend of 18.75
cents per share for the Company’s common stock. The quarterly cash
dividend is payable June 12, 2013, to stockholders of record on May
10, 2013. This action will provide the Company the added financial
flexibility to invest in its business and enhance its capital
structure, while continuing to provide a very competitive return to
shareholders.
The Company’s Board of Directors also declared a quarterly cash
dividend of 53 cents per share on the company’s $2.12 convertible
preference stock, payable July 1, 2013, to stockholders of record
June 14, 2013, and a quarterly cash dividend of 50 cents per share
on the company’s 4 percent convertible cumulative preferred stock,
payable August 1, 2013, to stockholders of record July 15,
2013.
About Pitney Bowes
Pitney Bowes provides technology solutions for small, mid-size
and large firms that help them connect with customers to build
loyalty and grow revenue. Many of the company’s solutions are
delivered on open platforms to best organize, analyze and apply
both public and proprietary data to two-way customer
communications. Pitney Bowes includes direct mail, transactional
mail and call center communications in its solution mix along with
digital channel messaging for the Web, email and mobile
applications. Pitney Bowes has approximately USD$5 billion in
annual revenues and 27,000 employees worldwide. Pitney Bowes: Every
connection is a new opportunity™. www.pb.com.
Pitney Bowes (NYSE:PBI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Pitney Bowes (NYSE:PBI)
Historical Stock Chart
From Jul 2023 to Jul 2024