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

$27B

Today's Change

(1.32%) $0.68

Current Price

$52.02

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

This company employs an asset-light business model with tremendous potential to increase dividend payments.

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.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends eBay and recommends the following options: short April 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.