Why Pitney Bowes (PBI) is a Great Dividend Stock Right Now

Company Overview - Pitney Bowes (PBI) is headquartered in Stamford and operates in the Computer and Technology sector [3] - The stock has experienced a price change of 45.03% since the beginning of the year [3] Dividend Information - Pitney Bowes currently pays a dividend of $0.07 per share, resulting in a dividend yield of 2.67% [3] - The company's annualized dividend of $0.28 has increased by 40% from the previous year [4] - The current payout ratio is 27%, indicating that 27% of its trailing 12-month EPS is distributed as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Pitney Bowes for 2025 is $1.25 per share, reflecting a year-over-year growth rate of 52.44% [5] Industry Context - The dividend yield of Pitney Bowes (2.67%) is higher than the Office Automation and Equipment industry's yield of 2.6% and the S&P 500's yield of 1.56% [3] - Income investors often prefer dividends for their tax advantages and risk reduction, with established companies typically offering dividends [6][7] Investment Outlook - Pitney Bowes is considered an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [7]