PBI) is the poster child of a dividend in peril. The company, which is best known for its postage meters, actually has a rich history of paying dividends, having raised its payout every year since 1983. That said, recent action in the stock suggests the market believes this streak could soon come to an end. The shares are down 24%, year-to-date, and are currently changing hands around $14.14 (which works out to a 10.7% dividend yield, based on the quarterly payment of $0.375 a share). Pitney's 2012 consensus earnings estimate of $2.02 a will allow management to cover the annual dividend 1.3x. However, the company's earnings are expected to decline the next three years; which should come as little surprise to anyone who's been keeping up to date with the current financial state of the U.S. Postal Service.