1 Spectacular Dividend Stock Down 47% for Passive Income Investors to Buy Hand Over Fist for 2024

By Parkev Tatevosian, CFA – Dec 26, 2023 at 5:17PM

NASDAQ: EBAY

eBay

Market Cap

$27B

Today's Change

(1.32%) $0.68

Current Price

$52.02

Price as of April 26, 2024, 4:00 p.m. ET

This dividend stock employs an asset-light business model that leaves plenty of cash to pay dividends.

Fool.com contributor Parkev Tatevosian discusses the characteristics that make this one of his favorite dividend stocks to buy for 2024.

*Stock prices used were the afternoon prices of Dec. 24, 2023. The video was published on Dec. 26, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends eBay and recommends the following options: short January 2024 $45 calls on eBay. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.