Pitney Bowes Stock To Go Ex-dividend Tomorrow (PBI)

NEW YORK (TheStreet) -- The ex-dividend date for Pitney Bowes (NYSE:PBI) is tomorrow, February 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $18.49 as of 9:30 a.m. ET, the dividend yield is 8.1%.

The average volume for Pitney Bowes has been 2.8 million shares per day over the past 30 days. Pitney Bowes has a market cap of $3.87 billion and is part of the consumer goods sector and consumer durables industry. Shares are down 0.3% year to date as of the close of trading on Monday.

Pitney Bowes Inc. provides mail processing equipment and integrated mail solutions worldwide. It offers a suite of equipment, supplies, software, services, and solutions for managing and integrating physical and digital communication channels. The company has a P/E ratio of 6.9, below the average consumer durables industry P/E ratio of 9.3 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Pitney Bowes as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Pitney Bowes Ratings Report.

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