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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.