The Board of Directors of Pitney Bowes Inc. (NYSE:

) declared a quarterly cash dividend on the company's common stock of 37.5 cents per share, payable March 12, 2012, to stockholders of record on February 17, 2012; a quarterly cash dividend of 53 cents per share on the company's $2.12 convertible preference stock, payable April 1, 2012, to stockholders of record March 15, 2012, and a quarterly cash dividend of 50 cents per share on the company's 4 percent convertible cumulative preferred stock, payable May 1, 2012, to stockholders of record April 13, 2012.