Nike (NKE) announced that its Board of Directors has declared a quarterly cash dividend of 40c per share on the company’s outstanding Class A and Class B Common Stock payable on January 2, 2025, to shareholders of record at the close of business on December 2, 2024. This represents an increase of 8% versus the prior quarterly dividend rate of 37c per share. This announcement marks the 23rd consecutive year that Nike has increased its quarterly dividend.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NKE:
- Ackman’s Pershing Square buys Seaport, boosts Nike in Q3
- Nike price target lowered to $80 from $82 at RBC Capital
- Trump’s Victory Sparks Market Surge: The Winners and Losers of the “Trump Trade”
- From Salesforce (CRM) to Super Micro Computer: October’s Best and Worst Performing Stocks
- Deckers Outdoor’s (DECK) Outsized Growth Likely to Continue in Future Quarters