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eBay CEO Celebrates Company’s First Stock Dividend

Ina Steiner
Devin Wenig
Devin Wenig Celebrates First eBay Shareholder Dividend

eBay CEO Devin Wenig tweeted that the company paid its first cash dividend today. eBay had announced in January it would issue a dividend after experiencing stagnant growth in the fourth quarter of 2018 and facing pressure from activist investors.

In today’s tweet, Wenig wrote, “Today eBay paid its first cash dividend of 14 cents per share to stockholders. This is the first dividend program in eBay’s history and marks a significant milestone for the company. We are delighted to share the company’s ongoing success with our fellow shareholders.”

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Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.

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6 thoughts on “eBay CEO Celebrates Company’s First Stock Dividend”

  1. Since eBay is no longer a “growth” stock that means the fair market value for eBay is $28.00.
    Expect a lot of sales of eBay stock in the next few days.

    eBay = Dead Man Walking

  2. They did it by squeezing the fees on Sellers to the point the Sellers are leaving by the thousands. Those are extremely knowledgeable Power sellers, who made eBay what a monster it is today! So there is a real danger as sales are decreasing badly on eBay.

  3. A significant milestone? eBay has been a public company for almost 21 years, and Devin thinks paying a dividend after all that time is something to be proud of? No wonder eBay is such a mess.

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