Does Pitney Bowes (PBI) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Pitney Bowes (PBI) pays a dividend yielding about 2.34% as of September 2026, paid quarterly, four times a year. The latest payment on record was $0.10 per share, ex-dividend August 10, 2026. The forward annual rate is roughly $0.40 per share, about $234 a year on a $10,000 position before tax. The payout takes about 29% of earnings. Figures are approximate and dated; verify the current number with your broker.
Does Pitney Bowes (PBI) pay a dividend?
Yes. Pitney Bowes distributes a dividend yielding roughly 2.34% as of September 2026, paid quarterly, four times a year. The most recent payment on record was $0.10 per share, with an ex-dividend date of August 10, 2026. Annualized, that is about $0.40 per share.
PBI trades at a low earnings multiple, with a forward P/E in the high single digits against 2026 adjusted EPS guidance, reflecting the market's skepticism about a mail-linked revenue base. Q1 2026 revenue fell about 3 percent to $477.4 million while diluted EPS roughly doubled to $0.39, underscoring the margin-driven nature of the story. Free cash flow guidance of roughly $345 million to $380 million is large relative to the market cap, which is the crux of the value case.
PBI dividend at a glance
| 2026-08-10 | $0.1 |
| 2026-05-18 | $0.1 |
| 2026-02-27 | $0.09 |
| 2025-11-10 | $0.09 |
| 2025-08-11 | $0.08 |
| 2025-05-19 | $0.07 |
PBI dividend data as of September 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with PBI's investor relations page before relying on it.
Is the PBI dividend covered?
Pitney Bowes paid out about 29% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the PBI dividend has changed
The latest payment of $0.10 per share compares with $0.0800 in the equivalent payment a year earlier (August 11, 2025). That is a change of 25.0% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on PBI's investor relations page.
What PBI's dividend means for you
- Income: about $234 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for PBI the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How PBI dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the PBI dividend
Pitney Bowes (PBI) pays about 2.34%, or roughly $0.40 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the PBI guide. Walnut can show how PBI fits your real portfolio. It is not an investment adviser.
Investing in Pitney Bowes with AI
Connect the broker you already use and ask Walnut's AI how PBI fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Pitney Bowes (PBI) pay a dividend?
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Yes. Pitney Bowes pays a dividend yielding roughly 2.34% as of September 2026, paid quarterly, four times a year. The most recent payment on record was $0.10 per share with an ex-dividend date of August 10, 2026. That works out to a forward annual rate of about $0.40 per share. Yields move with the share price, so verify the current figure with your broker or PBI's investor relations page before relying on it.
What is PBI's dividend yield?
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About 2.34% as of September 2026. On a $10,000 position that is roughly $234 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so PBI yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does PBI pay its dividend?
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Pitney Bowes pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of August 10, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on PBI's investor relations page, because boards can change both the amount and the timing.
When is PBI's ex-dividend date?
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The ex-dividend date recorded in our September 2026 data pull is August 10, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check PBI's investor relations page for the next confirmed date.
Has Pitney Bowes raised its dividend recently?
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Yes. The latest payment of $0.10 per share is above the $0.0800 paid in the same slot a year earlier, an increase of about 25.0%. One raise is not a policy, though: check the multi-year record on PBI's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.
Is PBI's dividend safe?
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Pitney Bowes paid out about 29% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in PBI?
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At a yield of about 2.34%, roughly $234 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are PBI dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest PBI dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each PBI payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does Pitney Bowes pay a dividend?
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Yes. The company pays a quarterly dividend, which it raised to $0.10 per share in 2026, for an annualized rate of about $0.40 and a yield near 2.8 percent. It has also been buying back stock aggressively.
Walnut is informational, not investment advice. Dividend figures on this page come from a September 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with PBI's investor relations page or your broker before acting on them.