Nike: A Cheap Turnaround Play With A Growing Dividend
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Nike, a leading sportswear company with a market cap of $116 billion, is recognized for its dominant position in the global athletic footwear market. The company has increased its dividend for 22 consecutive years, boasting a 10-year growth rate of 11.9%.
March 17, 2025 | 1:15 pm
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Nike is highlighted as a strong turnaround play with a growing dividend, having increased its dividend for 22 consecutive years and maintaining a 10-year growth rate of 11.9%.
Nike's consistent dividend growth over 22 years and its dominant market position suggest a positive outlook for investors. The company's ability to maintain a high dividend growth rate indicates financial health and potential for stock price appreciation.
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