Nike Inc (NKE): A Quality Dividend Growth Stock

Should NKE be in your long-term dividend plans?

Since its founding in sleepy Beaverton, Oregon, in 1964, Nike Inc (NKE) has grown into the world’s most dominant sports apparel supplier, and 18th most valuable brand in the world. Along the way they have made countless long-term dividend investors very rich.

In fact, from 2006 through 2015, Nike has returned 20.9% per year (including dividends) compared to the S&P 500’s 7.4% annual return.

However, over the past year, concerns over slowing sales, increasing competition from the likes of adidas AG (ADR) (ADDYY) and Under Armour Inc (UA), and falling margins have sent shares nose diving over 20%.

Learn if the king of sports apparel could be unseated from its throne and if this recent sell off makes now a reasonable time to buy what could prove to be one of the best blue chip dividend growth stocks of the next decade.

Source: InvestorPlace

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