Nike (NKE) Raises Quarterly Dividend 11.5% to $0.340; 1.3% Yield

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NIKE, Inc. Announces 11 Percent Increase in Quarterly Dividend

November 15, 2022 4:15 PM EST

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors approved a quarterly cash dividend of $0.340 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 $0.305 per share. The dividend declared today is payable on December 28, 2022 to shareholders of record at the close of... More