Pitney Bowes' Shareholder Returns Outpace Earnings Growth by 70% Over Three Years

Pitney Bowes' (NYSE:PBI) share price has risen 335% in the last three years, driven by a 70% YoY increase in shareholder returns. The company became profitable within the last three years, and insiders have been buying shares. However, the total shareholder return of 393% is largely due to dividend payments, exceeding the share price return.