NYSE:PBICommercial Services
Pitney Bowes’ Higher Dividend and Logistics Pivot Might Change The Case For Investing In PBI
Pitney Bowes recently highlighted its higher-than-industry dividend yield, lifting its annualized payout to US$0.10 per share, with a 33.3% increase from last year supported by a low payout ratio and an improving earnings outlook.
At the same time, the company’s pivot toward higher-growth, technology-enabled logistics and SaaS shipping services is adding weight to expectations that its evolving business mix can underpin both income and operational resilience.
We’ll now examine how Pitney...