Nike (NKE) Raises Quarterly Dividend 8.8% to $0.370; 1.4% Yield

Nike (NYSE: NKE) declared a quarterly dividend of $0.370 per share, or $1.48 annualized. This is an 8.8% increase from the prior dividend of $0.34.

The dividend will be payable on January 2, 2024, to stockholders of record on December 4, 2023, with an ex-dividend date of December 1, 2023.

The annual yield on the dividend is 1.4 percent.

“Nike has a consistent track record of delivering strong cash flow and returns for shareholders and today’s announcement marks the 22nd consecutive year we have increased our dividend,” said John Donahoe, President & CEO, NIKE, Inc. “This dividend increase reflects our continued confidence in our strategies to generate sustainable, profitable growth, while investing for the future.”*

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

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