3 Yield Ideas: Pitney Bowes, Chimera Investment, Hancock Bank Opportunity Fund

Let’s try to make a good trade into this edition’s three lil’ yield piggies…“Mail of the species…”Pitney Bowes, Inc. (PBI)Recent Price: 22.80P/E: 15.64Current Yield: 6.48%The SkinnyYes….this is a rerun. PBI is probably one our perennial favorites here at Yieldpig. Whenever the stock pulls back to where it yields better than 6%, it’s a good opportunity. While regular mail may be viewed as the buggy whip of communication, PBI is still the biggest and baddest in the mail sorting and machine business. They’re also focusing their efforts on Volly, their new cloud product. It only makes sense that they can capitalize on the penetration they’ve established. Stock looks cheap at 15.6x’s trailing earnings and 10.01x’s forward.The DangerQ1 earnings were a bit soft due to moderation in their recurring revenue stream (supplies, financing, etc.). The company also experienced a fire at one of... Read more