Pitney Bowes: Dividend Insights
Portfolio Pulse from Benzinga Insights
Pitney Bowes (NYSE:PBI) has announced a quarterly dividend of 5 cents per share. Shareholders must own the stock prior to the ex-dividend date, Tuesday, to be eligible for the dividend. The dividend will be paid out on December 06, 2023.
November 09, 2023 | 2:45 pm
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Pitney Bowes has announced a quarterly dividend of 5 cents per share. This could potentially attract more investors, leading to a short-term increase in the stock price.
Dividends are a way for companies to distribute profits back to investors, and they can make a stock more attractive to investors. This announcement could potentially lead to increased demand for PBI shares, driving up the stock price in the short term.
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