eBay Inc. (NASDAQ:EBAY – Get Free Report) announced a quarterly dividend on Wednesday, October 28th. Shareholders of record on Friday, December 4th will be paid a dividend of $0.31 per share by the e-commerce company on Friday, December 18th. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, December 4th.
eBay has increased its dividend by an average of 0.1% per year over the last three years and has increased its dividend annually for the last 7 consecutive years. eBay has a dividend payout ratio of 21.5% meaning its dividend is sufficiently covered by earnings. Analysts expect eBay to earn $5.36 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 23.1%.
eBay Price Performance
EBAY opened at $118.02 on Thursday. The company’s 50 day simple moving average is $110.11 and its 200-day simple moving average is $103.57. The stock has a market capitalization of $52.52 billion, a P/E ratio of 24.43, a price-to-earnings-growth ratio of 3.04 and a beta of 1.33. eBay has a one year low of $78.03 and a one year high of $124.59. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 1.02.
eBay (NASDAQ:EBAY – Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The e-commerce company reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.10. The business had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.12 billion. eBay had a return on equity of 47.88% and a net margin of 18.50%. The firm’s revenue was up 13.7% on a year-over-year basis. During the same period last year, the company earned $1.36 EPS. Sell-side analysts anticipate that eBay will post 4.90 earnings per share for the current fiscal year.
eBay Company Profile
eBay Inc operates a global online marketplace that connects buyers and sellers. Through its platform, individuals, small businesses and larger retailers can list and purchase new, used and refurbished merchandise across categories such as electronics, apparel, collectibles, automotive parts and accessories, home goods and industrial products. Transactions may take place through auctions or fixed-price listings, with payments, shipping and other seller and buyer services supporting the marketplace experience.
Founded in 1995 as AuctionWeb by Pierre Omidyar, eBay has grown from an online auction site into a broad e-commerce platform.
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