Pitney Bowes's Preferred Shares Cross 8% Yield Mark
In trading on Tuesday, shares of Pitney Bowes Inc's 6.70% Notes Due 2043 (Symbol: PBI.PRB) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.675), with shares changing hands as low as $20.84 on the day. As of last close, PBI.PRB was trading at a 15.88% discount to its liquidation preference amount.
The chart below shows the one year performance of PBI.PRB shares, versus PBI:
Below is a dividend history chart for PBI.PRB, showing historical dividend payments on Pitney Bowes Inc's 6.70% Notes Due 2043:
In Tuesday trading, Pitney Bowes Inc's 6.70% Notes Due 2043 (Symbol: PBI.PRB) is currently up about 0.1% on the day, while the common shares (Symbol: PBI) are off about 2%.
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Further PBI.PRB Research:
