NIKE, Inc. Declares $0.305 Quarterly Dividend

Rhea-AI Summary

NIKE, Inc. (NYSE: NKE) declared a quarterly cash dividend of $0.305 per share on its Class A and Class B Common Stock. This dividend will be payable on April 1, 2022, to shareholders of record as of the close of business on March 7, 2022. This announcement reflects NIKE's commitment to returning value to its shareholders while maintaining its position as a leading designer and distributor of athletic wear worldwide.

Positive

• Declared quarterly cash dividend of $0.305 per share; reflects commitment to shareholders.

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• 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 April 1, 2022, to shareholders of record at the close of business March 7, 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/20220210005299/en/

Investor Contact:

Paul Trussell

investor.relations@nike.com

Media Contact:

KeJuan Wilkins

media.relations@nike.com

Source: NIKE, Inc.

FAQ

What is the dividend amount declared by NIKE, Inc.?

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

When is the dividend payable for NIKE, Inc.?

The dividend is payable on April 1, 2022.

What is the record date for NIKE, Inc.'s dividend?

The record date for the dividend is March 7, 2022.

What is the relevance of this dividend for NKE shareholders?

This dividend indicates NIKE's ongoing commitment to providing returns to its shareholders.