NIKE, Inc. Declares $0.305 Quarterly Dividend

Rhea-AI Summary

NIKE, Inc. (NYSE: NKE) has declared a quarterly cash dividend of $0.305 per share on its Class A and Class B Common Stock. The dividend will be payable on October 3, 2022, to shareholders of record by the close of business on September 6, 2022. This decision reflects NIKE's ongoing commitment to returning value to its shareholders and maintaining a strong financial position in the competitive athletic footwear and apparel market.

Positive

• Quarterly cash dividend of $0.305 indicates strong shareholder returns.

Negative

• None.

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.305 per share on the Company’s outstanding Class A and Class B Common Stock payable on October 3, 2022, to shareholders of record at the close of business September 6, 2022.

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/20220804005239/en/

Investor Contact:

Paul Trussell

investor.relations@nike.com

Media Contact:

KeJuan Wilkins

media.relations@nike.com

Source: NIKE, Inc.

FAQ

What is the recent dividend declared by NIKE, Inc. (NKE)?

NIKE, Inc. declared a quarterly cash dividend of $0.305 per share.

When is the NIKE dividend payable?

The dividend is payable on October 3, 2022.

What is the record date for the NIKE dividend?

The record date for the dividend is September 6, 2022.

How often does NIKE pay dividends?

NIKE typically pays dividends quarterly.

Is the NIKE dividend sustainable?

While the current dividend reflects confidence, investors should consider the company's overall financial health for sustainability.