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STAMFORD, Conn. - Pitney Bowes Inc. (NYSE:PBI) announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.08 per share on the company’s common stock.
The dividend will be paid on September 8, 2025, to stockholders of record as of August 11, 2025.
Pitney Bowes provides technology-driven products and services including SaaS shipping solutions, mailing innovation, and financial services to clients globally. The company serves businesses of all sizes and government entities, with its services reaching more than 90 percent of Fortune 500 companies.
The announcement was made in a company press release.
In other recent news, Pitney Bowes Inc. reported its first-quarter 2025 earnings, showcasing an adjusted earnings per share (EPS) of $0.33, which exceeded analyst forecasts of $0.27. Despite this earnings beat, the company’s revenue was slightly below expectations, coming in at $493 million compared to the projected $501.4 million. In leadership changes, Kurt Wolf, previously associated with Hestia Capital Management, is set to take over as CEO of Pitney Bowes, replacing Lance Rosenzweig. This transition follows Wolf’s involvement with the company as a board member since 2023. Additionally, Pitney Bowes shareholders recently approved all executive plans during their Annual Meeting, including the election of directors and the Amended 2024 Stock Plan. Julie Schoenfeld, a director, has resigned from the board, with the company noting her departure was not due to any disagreements. Ancora Holdings Group has also decided to directly hold shares of Pitney Bowes, expressing confidence in the company’s leadership and strategic initiatives. These developments mark significant changes and achievements for Pitney Bowes as it navigates its strategic goals.
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