NIKE, Inc. Announces 9 Percent Increase in Quarterly Dividend
15 Novembre 2023 - 3:05AM
Business Wire
NIKE, Inc. (NYSE: NKE) announced today that its Board of
Directors approved a quarterly cash dividend of $0.370 per share on
the Company’s outstanding Class A and Class B Common Stock. This
represents an increase of 9 percent versus the prior quarterly
dividend rate of $0.340 per share. The dividend declared today is
payable on January 2, 2024, to shareholders of record at the close
of business December 4, 2023.
“Nike has a consistent track record of delivering strong cash
flow and returns for shareholders and today’s announcement marks
the 22nd consecutive year we have increased our dividend,” said
John Donahoe, President & CEO, NIKE, Inc. “This dividend
increase reflects our continued confidence in our strategies to
generate sustainable, profitable growth, while investing for the
future.”*
About NIKE, Inc.
NIKE, Inc., headquartered 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 https://investors.nike.com.
Individuals can also visit https://about.nike.com/en/newsroom and
follow NIKE on LinkedIn, Instagram and YouTube.
* The marked paragraphs contain forward-looking statements that
involve risks and uncertainties that could cause actual results to
differ materially. These risks and uncertainties are detailed from
time to time in reports filed by NIKE with the U.S. Securities and
Exchange Commission (SEC), including Forms 8-K, 10-Q and 10-K.
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version on businesswire.com: https://www.businesswire.com/news/home/20231114769552/en/
Investor Contact: Paul Trussell
investor.relations@nike.com
Media Contact: Virginia
Rustique-Petteni media.relations@nike.com
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