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Finance & Markets

Pitney Bowes's Preferred Shares Cross 8% Yield Mark

In trading on Tuesday, shares of Pitney Bowes Inc's 6.70% Notes Due 2043 (Symbol: PBI.PRB) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.675), with shares changing hands as low as $20.84 on the day. As of last close, PBI.PRB was trading at

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