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

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NIKE, Inc. Announces 9 Percent Increase in Quarterly Dividend

November 14, 2023 9:05 PM EST

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors approved a quarterly cash dividend of $0.370 per share on the Companys outstanding Class A and Class B Common Stock. This represents an increase of 9 percent versus the prior quarterly dividend rate of $0.340 per share. The dividend declared today is payable on January 2, 2024, to shareholders of record at the close of business December 4,... More