Nike (NKE) Raises Quarterly Dividend 11.1% to $0.20; 1.4% Yield

Nike (NYSE: NKE) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is an 11.1% increase from the prior dividend of $0.18.

The dividend will be payable on January 2, 2018, to stockholders of record on December 4, 2017, with an ex-dividend date of December 1, 2017.

The annual yield on the dividend is 1.4 percent.

“This marks NIKE’s 16th consecutive year of increasing dividend payouts,” said Mark Parker, Chairman, President and CEO of NIKE, Inc. “Today’s announcement, combined with the four-year $12 billion share repurchase program we announced in 2015, demonstrates our continued confidence in generating strong cash flow and returns for shareholders through our new Consumer Direct Offense as we continue to invest in fueling sustainable, long-term growth and profitability."

For a dividend history and other dividend-related data on Nike (NKE) click here.

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