NIKE, Inc. Declares $0.40 Quarterly Dividend
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NIKE, Inc. has announced an 8% increase in its quarterly dividend, raising it to $0.40 per share. This marks the 23rd consecutive year of dividend increases, with the payment scheduled for January 2, 2025.
November 15, 2024 | 12:00 am
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NIKE, Inc. has increased its quarterly dividend by 8% to $0.40 per share, continuing its 23-year streak of dividend hikes. This move reflects the company's strong financial health and commitment to returning value to shareholders.
The increase in dividend is a positive signal to investors, indicating confidence in the company's financial stability and future prospects. It is likely to attract income-focused investors and could lead to a short-term positive impact on the stock price.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100