Pitney Bowes, time to buy???

Forum: Investments
Author: [Investments] Topic: Pitney Bowes, time to buy???
FoolishTool PM FoolishTool
Joined: Dec 2009
Posts: 593
 
FoolishTool
Participation Meter
Banned
Posted: 10/11/2012 1:20:27 AM
I bought Pitney Bowes today at $13.39 a share. The stock has gradually been coming down for the past 4 or 5 years but i think now is the time to buy. The PE ratio is less than 7. Best part is the $1.50 dividend which equals a tad over 11%, so even if the stock does nothing for several years at least the dividends are huge and as long as the stock dont drop too much more they wont cut the dividend,,,,,,,,,,,,, yes the price could drop a few bucks more but i think in the long run i'll look back and say that this was a great buy, especially with the dividends added to the mix!  ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, anybody in the know with this stock?, if so whats your take?
royboymiami PM royboymiami
Joined: Nov 2011
Posts: 1111
 
royboymiami
Participation Meter
Veteran
Posted: 10/24/2012 9:59:28 AM

Pitney Bowes Inc. (PBI)

-NYSE

14.01 (0.21%)

OCTOBER 24TH ... HOPE YOU BOUGHT IT

Forum: Investments
You have entered the forum as a GUEST. 
You must login/register to post or reply.