Nike, Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.305 per share on the company’s outstanding Class A and Class B Common Stock. This represents an increase of 11 percent versus the prior quarterly dividend rate of $0.275 per share.
The dividend declared today is payable on December 28, 2021 to shareholders of record at the close of business December 6, 2021.
“Nike continues to fuel growth through our Consumer Direct Acceleration strategy, while generating strong cash flow and increasing returns to shareholders,” said John Donahoe, President and CEO, Nike. Inc. “This is now our 20th consecutive year of increasing dividend payouts, and reflects our strong track record and confidence in our ability to deliver sustainable, profitable, capital-efficient growth over the long-term.”*
