Nike (NKE) Raises Quarterly Dividend 11.1% to $0.20; 1.4% Yield
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NIKE, Inc. Announces 11 Percent Increase in Quarterly Dividend
November 16, 2017 4:15 PM ESTBEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has approved a quarterly cash dividend of $0.20 per share on the companys outstanding Class A and Class B Common Stock. This represents an increase of 11 percent versus the prior quarterly dividend rate of $0.18 per share. The dividend declared today is payable on January 2, 2018 to shareholders of record at the close of business December 4, 2017.
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