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

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NIKE, Inc. Announces 10 Percent Increase in Quarterly Dividend

November 15, 2018 4:15 PM EST

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has approved a quarterly cash dividend of $0.22 per share on the companys 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.

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