Pitney Bowes Inc.
PBIIndustrials · Stock · quarterly payer
Forward Yield
2.30%
Annual Dividend
$0.40
Payout Ratio
29%
5-Yr Growth
8.4%
Ex-Date
Aug 10, 2026
Frequency
Quarterly
Summary
As of September 2026, Pitney Bowes Inc. (PBI) yields 2.30% ($0.40 per share annually), with a blended fair-value estimate of $18.47 — +6% upside, so it screens as fairly valued. Dividend safety grade: B (79/100). 1 years of dividend growth.
Is PBI a good dividend stock?
YesPitney Bowes Inc. (PBI) pays a quarterly dividend yielding 2.30% ($0.40/yr), with 1 year of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (29%)
- Strong 8.4% 5-yr dividend growth
- 141% total price return over 5 years
Risks
- Cut its dividend in 2019
Key Data
- Dividend Yield
- 2.30%
- Payout Ratio
- 29%
- Annual Dividend
- $0.40
- 5-Yr Avg Growth
- 8.4%
- Ex-Dividend Date
- Aug 10, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 1.63
- Market Cap
- $2.4B
- P/E Ratio
- 14.1
- 5-Yr Total Return
- 141%
- 52-Week Range
- $8.95 – $19.07
- Dividend Safety
- B · 79/100
- Ever Cut?
- Yes (2019)
Frequently Asked Questions
PBI Price — Last 12 Months
Daily close
Price Return
1 Year
+52%
3 Years
+476%
5 Years
+141%
52-Week Range
$8.95 – $19.07
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PBI worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Pitney Bowes Inc. is $18.47 per share, versus a market price of $17.40. That implies the stock is roughly fairly priced.
Fair Value
$18.47
Current Price
$17.40
Gap
+6%
Margin of Safety
6%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 12.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $1.23 EPS, $0.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PBI Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 10, 2026 | — | $0.1000 | regular |
| May 18, 2026 | — | $0.1000 | regular |
| Feb 27, 2026 | — | $0.0900 | regular |
| Nov 10, 2025 | — | $0.0900 | regular |
| Aug 11, 2025 | — | $0.0800 | regular |
| May 19, 2025 | — | $0.0700 | regular |
| Feb 21, 2025 | — | $0.0600 | regular |
| Nov 18, 2024 | — | $0.0500 | regular |
| Aug 22, 2024 | — | $0.0500 | regular |
| May 22, 2024 | — | $0.0500 | regular |
| Feb 8, 2024 | — | $0.0500 | regular |
| Nov 14, 2023 | — | $0.0500 | regular |
| Aug 21, 2023 | — | $0.0500 | regular |
| May 22, 2023 | — | $0.0500 | regular |
Income Calculator
At $0.40 / yr per share
