PayPal Now Pays a Dividend and Buys Back Billions in Stock. Where Will It Be in 5 Years?
PayPal is returning lots of cash to shareholders, but there could be an even bigger catalyst on the horizon.
Overview
Despite some gains over the last few months, PayPal (NASDAQ: PYPL) stock has been a huge underperformer over the last five years. The company's share price has fallen roughly 79% over the stretch. Meanwhile, the S&P 500 and the Nasdaq Composite indexes have risen 79% and 90%, respectively.
On the other hand, PayPal has continued to generate substantial profits -- and it's making a big push to return cash to shareholders. With the company now paying a dividend and moving forward with a large share repurchasing plan, where will PayPal stock be in five years?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.