- Nike (NYSE:NKE) declares $0.22/share quarterly dividend, 10% increase from prior dividend of $0.20.
- Forward yield 1.18%
- Payable Jan. 2; for shareholders of record Dec. 3; ex-div Nov. 30.
NIKE, Inc. (NYSE: NKE) announced today that its Board of
Directors has approved a quarterly cash dividend of $0.22 per share on the
company’s outstanding Class A and Class B Common Stock. This represents an
increase of 10 percent versus the prior quarterly dividend rate of $0.20 per
share. The dividend declared today is payable on January 2, 2019 to
shareholders of record at the close of business December 3, 2018.
“NIKE continues to fuel growth through our Consumer Direct
Offense, while generating strong cash flow and increasing returns to
shareholders,” said Mark Parker, Chairman, President and CEO of NIKE, Inc.
“This is our 17th consecutive year of increasing dividend payouts, and combined
with the new four-year $15 billion share repurchase program announced this
summer, this commitment shows our continued confidence in NIKE’s ability to
deliver sustainable, profitable, capital-efficient growth over the long-term.”*
For more information, visit www.investors.nike.com
According the list of U.S. Dividend Champions NIKE, Inc. is a Dividend Contenders. Nike has a 16-year
dividend raising history.
Dividend
Growth Rates
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DGR
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DGR
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DGR
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DGR
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1-yr
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3-yr
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5-yr
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10-yr
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12.5
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14.5
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13.9
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13.9
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Dividend Yield Chart:
This is the historical trailing annual dividend yield of
Nike Inc. Buying stocks at higher yield relative its historical values is
usually more profitable.
Payout Ratio:
This is the historical payout ratio of Nike Inc. If payout
ratio is close to or higher than 100%, dividends might not be sustainable.
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