Pitney Bowes, Inc. (NYSE:PBI)
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The Company is a provider of mail processing equipment and integrated mail solutions in the world. It offers a full suite of equipment, supplies, software and services for end-to-end mailstream solutions.
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I believe he combination of weak bond yields and an atmosphere of normality in the global economy should result in the pursuit of quality high dividend paying stocks as an income vehicle with excellent potential for growth.
Despite the general woes of snail mail, PBI is the undisputed leader of equipment that helps streamline and control the costs of an evergrowing etail sector. With it's lush 6% dividend and niche as a critical supplier for business mailing support services I look for PBI to a solid long term performer with the potential for short term outperformance as its increasing price brings the dividend yield down into the 2-4% range.