Nike: raises dividend by 10 percent
(CercleFinance.com) - Nike said late on Thursday that it has raised its quarterly cash dividend by 10%.
The world's biggest maker of athletic gear is raising its dividend to 22 cents per share, from 20 cents a share, payable on 2 January 2019 to shareholders on record on 3 December.
Nike, which has launched a new four-year 15 billion dollar share repurchase program this summer, said 2018 marks the 17th consecutive year that it has increased its dividend.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The world's biggest maker of athletic gear is raising its dividend to 22 cents per share, from 20 cents a share, payable on 2 January 2019 to shareholders on record on 3 December.
Nike, which has launched a new four-year 15 billion dollar share repurchase program this summer, said 2018 marks the 17th consecutive year that it has increased its dividend.
Copyright (c) 2018 CercleFinance.com. All rights reserved.