eBay Inc. (NASDAQ:EBAY – Get Free Report) declared a quarterly dividend on Wednesday, August 5th. Investors of record on Friday, August 28th will be given a dividend of 0.31 per share by the e-commerce company on Friday, September 11th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, August 28th.
eBay has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 7 years. eBay has a payout ratio of 21.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect eBay to earn $5.41 per share next year, which means the company should continue to be able to cover its $1.24 annual dividend with an expected future payout ratio of 22.9%.
eBay Stock Performance
EBAY stock opened at $111.15 on Thursday. The stock’s 50 day simple moving average is $111.10 and its 200 day simple moving average is $101.39. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.36. eBay has a 12-month low of $78.03 and a 12-month high of $119.31. The stock has a market capitalization of $49.35 billion, a PE ratio of 25.20, a price-to-earnings-growth ratio of 2.41 and a beta of 1.37.
About eBay
eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.
The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.
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