5 Best Consumer Discretionary Dividend Stocks To Buy Now

3. eBay Inc. (NASDAQ:EBAY)

Number of Hedge Fund Holders: 47

eBay Inc. (NASDAQ:EBAY) ranks 3rd in our list of the best consumer discretionary dividend stocks. During the fourth quarter, the e-commerce company returned more than $419 million to shareholders, which includes $119 million in cash dividends.

In February, eBay Inc. (NASDAQ:EBAY) declared a quarterly dividend of $0.25 per share, which was a massive 14% increase from the prior quarterly dividend.

At the end of the last quarter of 2022, 47 hedge funds tracked by Insider Monkey reported having stakes in eBay Inc. (NASDAQ:EBAY). The total value of these stakes was about $1.3 billion. The biggest stakeholder of eBay Inc. (NASDAQ:EBAY) was Richard Mashaal’s Rima Senvest Management which owns a $267 million stake in the company.

Here is what Smead Value Fund has to say about eBay Inc. (NASDAQ:EBAY) in its Q3 2022 investor letter:

“Two things are very noticeable right off the top. First, sometimes you have to be happy losing less in a bear market environment so that you have more of your capital to grow in the next bull market. We are never really happy losing money. Second, 2022 is likely to be our third year of existence as a fund to lose money for the year. This year would join 2008 and 2018 in this undistinguished category. Our biggest detractors was dominated by eBay (NASDAQ:EBAY). Consumer/investor fears about media and e-commerce hit WBD and EBAY and profit taking in Amgen came from early 2022 strength.”