NIKE, Inc. Declares $0.275 Quarterly Dividend

Rhea-AI Summary

NIKE, Inc. (NYSE: NKE) has declared a quarterly cash dividend of $0.275 per share on Class A and Class B Common Stock. This dividend is payable on October 1, 2021, to shareholders on record as of the close of business on August 30, 2021. This announcement reaffirms NIKE's commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.275 per share demonstrates strong financial health.
• Dividend payment reflects the company's commitment to returning value to shareholders.

Negative

• None.

NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.275 per share on the company’s outstanding Class A and Class B Common Stock payable on October 1, 2021 to shareholders of record at the close of business August 30, 2021.

About NIKE, Inc.

NIKE, Inc., based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.’s earnings releases and other financial information are available on the Internet at http://investors.nike.com. Individuals can also visit http://news.nike.com and follow @NIKE.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210805005173/en/

FAQ

What is the dividend amount declared by NIKE (NKE)?

NIKE has declared a dividend of $0.275 per share.

When will NIKE's next dividend be paid?

The next dividend will be paid on October 1, 2021.

What is the record date for NIKE's dividend?

The record date for the dividend is August 30, 2021.

How often does NIKE pay dividends?

NIKE pays dividends quarterly.

Is NIKE's dividend sustainable?

The sustainability of NIKE's dividend can be evaluated based on the company's financial performance and cash flow.