Pitney Bowes Stock To Go Ex-dividend Tomorrow (PBI)
The ex-dividend date for Pitney Bowes (NYSE:PBI) is tomorrow, May 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $15.17 as of 9:30 a.m., the dividend yield is 4.9%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Pitney Bowes (NYSE: PBI) is tomorrow, May 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $15.17 as of 9:30 a.m. ET, the dividend yield is 4.9%. The average volume for Pitney Bowes has been 4.2 million shares per day over the past 30 days. Pitney Bowes has a market cap of $3.1 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 42.4% year to date as of the close of trading on Monday. Pitney Bowes Inc. provides software, hardware, and services to enable physical and digital communications in the United States and internationally. The company has a P/E ratio of 8.6, 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 notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and a generally disappointing performance in the stock itself. You can view the full Pitney Bowes Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.