Pitney Bowes Board Declares Common, Preference and Preferred Stock Dividends
STAMFORD, Conn. -- April 30, 2013
In connection with the ongoing management of the Company’s capital structure,
The Board of Directors of Pitney Bowes Inc. (NYSE: PBI) approved a reduced
second quarter dividend of 18.75 cents per share for the Company’s common
stock. The quarterly cash dividend is payable June 12, 2013, to stockholders
of record on May 10, 2013. This action will provide the Company the added
financial flexibility to invest in its business and enhance its capital
structure, while continuing to provide a very competitive return to
The Company’s Board of Directors also declared a quarterly cash dividend of 53
cents per share on the company’s $2.12 convertible preference stock, payable
July 1, 2013, to stockholders of record June 14, 2013, and a quarterly cash
dividend of 50 cents per share on the company’s 4 percent convertible
cumulative preferred stock, payable August 1, 2013, to stockholders of record
July 15, 2013.
About Pitney Bowes
Pitney Bowes provides technology solutions for small, mid-size and large firms
that help them connect with customers to build loyalty and grow revenue. Many
of the company’s solutions are delivered on open platforms to best organize,
analyze and apply both public and proprietary data to two-way customer
communications. Pitney Bowes includes direct mail, transactional mail and call
center communications in its solution mix along with digital channel messaging
for the Web, email and mobile applications. Pitney Bowes has approximately
USD$5 billion in annual revenues and 27,000 employees worldwide. Pitney Bowes:
Every connection is a new opportunity™. www.pb.com.
Pitney Bowes Inc.
VP, Corp. Communications
Sheryl Y. Battles, 203-351-6808
VP, Investor Relations
Charles F. McBride, 203-351-6349
Press spacebar to pause and continue. Press esc to stop.