Posts

Showing posts with the label NKE

Nike hikes dividend by 8.1% in 2024

Image
On November 14, 2024, Nike Inc. announced an 8.1% increase in its quarterly dividend. This marks the 23rd consecutive year of dividend growth for the company, continuing its track record of consistent dividend increases.

Nike hikes dividend by 11.5%

Nike hikes dividend by 10.9%

NIKE, Inc. (NKE) will raise its quarterly dividend by 10.9 percent to $0.3050 per share in 2021. This follows a dividend hike of 12.2 percent to 27.5 cents per share in 2020 by NKE and marks 20 years of dividend increases in a row by the footwear and apparel company.  The dividend declared today by NKE is payable on December 28, 2021 to shareholders of record at the close of business December 6, 2021. A new annual rate of $1.22 per share yields 0.7% at a stock price of $270.60. “NIKE continues to fuel growth through our Consumer Direct Acceleration strategy, while generating strong cash flow and increasing returns to shareholders,” said John Donahoe, President and CEO, NIKE. Inc. “This is now our 20th consecutive year of increasing dividend payouts, and reflects our strong track record and confidence in our ability to deliver sustainable, profitable, capital-efficient growth over the long-term.”* NIKE, Inc. is a designer, marketer and distributor of authentic athletic footwear, app...

Nike hikes dividend by 12.2%

NIKE, Inc. (NKE) will raise its quarterly dividend by 12.2 percent to 27.5 cents per share in 2020. This follows a 11.4 percent increase to $0.245 per share announced in 2019 by the footwear and apparel company. NIKE has now raised its dividend for 19 consecutive years. The next dividend declared today is payable on December 29, 2020 to shareholders of record at the close of business December 7, 2020. A new annual rate of $1.10 per share yields 0.8% at a stock price of $133. “Today’s announcement marks NIKE’s 19th consecutive year of increasing dividend payouts,” said John Donahoe, President and CEO, NIKE, Inc. in the company's press release announcing this dividend hike. “This dividend increase reflects NIKE’s financial strength and strong track record of returning capital to shareholders while continuing to invest in capabilities that will accelerate our digital transformation and fuel long-term profitable growth.” NIKE will now pay its shareholders an estimated $1.7 billion in d...

Nike hikes dividend by 11.4%

NIKE, Inc. (NKE) will raise its quarterly dividend by 11.4 percent to $0.245 per share in 2019. This marks the footwear and apparel company's 18th consecutive year of dividend increases. The next dividend declared today is payable on January 2, 2020 to shareholders of record at the close of business December 2, 2019. A new annual rate of 98 cents per share yields 1.1% at a stock price of $93. “NIKE has consistently delivered strong cash flow and returns for shareholders and today’s announcement marks NIKE’s 18th consecutive year of increasing dividend payouts,” said Mark Parker, Chairman, President and CEO of NIKE, Inc. “This dividend increase, combined with the four-year $15 billion share repurchase program announced in 2018, reflects continued confidence in our strategies to generate long-term, profitable growth as we accelerate execution of our Consumer Direct Offense.” NIKE, Inc. is a designer, marketer and distributor of authentic athletic footwear, apparel, equipment an...