Nike (NKE) Raises Quarterly Dividend 10% to $0.22; 1.2% Yield

Nike (NYSE: NKE) declared a quarterly dividend of $0.22 per share, or $0.88 annualized. This is a 10% increase from the prior dividend of $0.20. The dividend will be payable on January 2, 2019, to stockholders of record on December 3, 2018, with an ex-dividend date of November 30, 2018. The annual yield on the dividend is 1.2 percent.

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

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