Pitney Bowes (PBI) is a Top Dividend Stock Right Now: Should You Buy?

Company Overview - Pitney Bowes (PBI) is based in Stamford and operates in the Computer and Technology sector, with a year-to-date share price change of 14.78% [3] - The company currently pays a dividend of $0.06 per share, resulting in a dividend yield of 2.89%, which is higher than the Office Automation and Equipment industry's yield of 2.48% and the S&P 500's yield of 1.67% [3] Dividend Analysis - The annualized dividend of Pitney Bowes is $0.24, reflecting a 20% increase from the previous year [4] - Over the past five years, the company has increased its dividend once on a year-over-year basis, with an average annual increase of 1.05% [4] - The current payout ratio is 36%, indicating that the company paid out 36% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - Earnings growth for Pitney Bowes appears strong, with the Zacks Consensus Estimate for 2025 projected at $1.21 per share, representing a 47.56% increase from the previous year [5] Investment Opportunity - Pitney Bowes presents a compelling investment opportunity due to its attractive dividend and a strong Zacks Rank of 2 (Buy) [7]