Pitney Bowes Inc. ( PBI ) will begin trading ex-dividend on August 20, 2014. A cash dividend payment of $0.1875 per share is scheduled to be paid on September 12, 2014. Shareholders who purchased PBI stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that PBI has paid the same dividend. At the current stock price of $26.62, the dividend yield is 2.82%.
The previous trading day's last sale of PBI was $26.62, representing a -6.17% decrease from the 52 week high of $28.37 and a 64.52% increase over the 52 week low of $16.18.
PBI is a part of the Miscellaneous sector, which includes companies such as W.W. Grainger, Inc. ( GWW ) and Iron Mountain Incorporated ( IRM ). PBI's current earnings per share, an indicator of a company's profitability, is $1.09. Zacks Investment Research reports PBI's forecasted earnings growth in 2014 as -1.06%, compared to an industry average of 3.7%.
Interested in gaining exposure to PBI through an Exchange Traded Fund [ETF]?
The following ETF(s) have PBI as a top-10 holding:
- First Trust Industrials AlphaDEX ( FXR ).
The top-performing ETF of this group is FXR with an increase of 5.33% over the last 100 days. It also has the highest percent weighting of PBI at 1.7%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.