Pitney Bowes has announced a quarterly dividend of $0.070 per share, payable on Jun 6, 2025. This marks an increase from the previous dividend of $0.060 per share, distributed on Mar 24, 2025. The company's recent dividend is notably higher than the average of the last ten distributions, which stood at approximately $0.259 per share. The ex-dividend date is set for May 19, 2025, which is the final day for investors to acquire shares in order to receive the upcoming dividend. This dividend, like the ones previously, is categorized as a cash dividend.
Recently,
shareholders have given their approval to executive plans, signaling confidence in the company's strategic direction. Over the past week,
has reported its first-quarter earnings for 2025, demonstrating resilience amidst financial challenges. Analysts indicated that Pitney Bowes' fiscal year 2025 EPS forecast has been raised, reflecting positively on the company's financial health. Furthermore, Pitney Bowes announced a substantial dividend increase by 40%, up to $0.070 per share, enhancing its attractiveness as a dividend stock. Despite facing significant challenges, Pitney Bowes continues to maintain a neutral stock score as evaluated by industry analysts.
As of late, Pitney Bowes has experienced fluctuations in stock performance. On May 7th, 2025, the company posted earnings that surpassed analysts' expectations, with a reported EPS of $0.33, beating the consensus estimate by $0.05. However, the company's quarterly revenue fell short of projections, indicating a 5.3% decline from the previous year. Institutional investors have shown varied interest, with some increasing their holdings in the company, demonstrating confidence in its future prospects.
In conclusion, Pitney Bowes Inc. is navigating through complex financial landscapes, with recent developments reflecting both challenges and opportunities. The ex-dividend date of May 19, 2025, is crucial for investors seeking to benefit from the upcoming dividend, as any acquisitions made after this date will not qualify for the dividend distribution.
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