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 for its outstanding Class A and Class B Common Stock. This dividend will be payable on July 1, 2022, to shareholders recorded by June 6, 2022. This announcement reflects the company's commitment to returning value to its shareholders while maintaining its status as a leading designer and distributor of athletic footwear and apparel.

Positive

• Quarterly cash dividend of $0.305 per share announced.
• Dividend payable on July 1, 2022, indicates ongoing 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 July 1, 2022, to shareholders of record at the close of business June 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/20220505005300/en/

Investor Contact:

Paul Trussell

investor.relations@nike.com

Media Contact:

KeJuan Wilkins

media.relations@nike.com

Source: NIKE, Inc.