Pitney Bowes Board Declares Common, Preference and Preferred Stock Dividends
STAMFORD, Conn., April 14, 2008 - The Board of Directors of Pitney Bowes Inc. (NYSE: PBI) declared a quarterly cash dividend on the company’s common stock of 35 cents per share, payable June 12, 2008, to stockholders of record on May 16, 2008; a quarterly cash dividend of 53 cents per share on the company’s $2.12 convertible preference stock, payable July 1, 2008, to stockholders of record June 13, 2008, and a quarterly cash dividend of 50 cents per share on the company’s 4 percent convertible cumulative preferred stock, payable August 1, 2008, to stockholders of record July 15, 2008.
Pitney Bowes is a mailstream technology company that helps organizations manage the flow of information, mail, documents and packages. Our 35,000 employees deliver technology, service and innovation to more than two million customers worldwide. The company was founded in 1920 and annual revenues now total $6.1 billion. More information is available at www.pb.com.