Fool.com contributor Parkev Tatevosian discusses why this dividend stock, in particular, is an excellent purchase for passive income investors.
*Stock prices used were the afternoon prices of March 8, 2024. The video was published on March 10, 2024.
1 Ridiculously Cheap Dividend Stock Down 37% to Buy Now and Hold for the Long Term
By Parkev Tatevosian, CFA – Mar 11, 2024 at 5:10PM
NASDAQ: EBAY
eBay
Market Cap
$38B
Today's Change
(-15.88%) $15.81
Current Price
$83.73
Price as of October 30, 2025 at 4:00 PM ET
This company employs an asset-light business model with tremendous potential to increase dividend payments.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.