increase of 10 percent versus the prior quarterly dividend rate of $0.20 For more information, NIKE, Inc.’s earnings releases and Here's what that means for dividend investors. Let’s take a look at what the results could mean for dividend investors. One of the appeals of Nike stock is its consistent dividend growth. A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. What's coming for Nike's dividend in 2018? “Given its rock-solid business, improving earnings, and low payout ratio, I expect the company to announce a double-digit increase to its quarterly dividend rate in the next week or two.”. designer, marketer and distributor of authentic athletic footwear, You can opt-out at anytime. In the first nine months of Nike’s fiscal-year 2018, the company generated adjusted earnings of $1.71 per share while declaring $0.58 of dividends per share. per share.

These risks and uncertainties are detailed from time Energy. NIKE annual common stock dividends paid for 2019 were $-1.332B, a 7.16% increase from 2018. Exchange: New York Stock Exchange. and distributes surf and youth lifestyle footwear, apparel and We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Precious Metals. At the end of the day, keep in mind that Nike’s board of directors usually reviews its dividend policy in November.

*The marked paragraph contains forward-looking statements that Wholly-owned NIKE, Inc. subsidiary brands include Converse, which designs, markets and distributes athletic lifestyle footwear, apparel and accessories; and Hurley, which designs, markets and distributes surf and youth lifestyle footwear, apparel and accessories. In the third quarter of Nike’s fiscal-year 2018, ended February 28, the company generated $8.98 billion of revenue, representing a seven-percent increase year-over-year and beating Wall Street’s expectation of $8.85 billion. Why Jim Cramer Just Turned Bullish on My Top Dividend Stock, Nike Inc: Dividend Stock Could Soar as Economy Reopens. The latest earnings report showed that the company generated adjusted earnings of $0.68 per share, which provided more than enough coverage for the quarterly dividend rate of $0.20 per share. The previous Nike, Inc. - Class B Shares dividend was 24.5c and it went ex 4 months ago and it was paid 2 months ago. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 3.1.

Thursday’s earnings report should be reassuring for income investors. and combined with the new four-year $15 billion share repurchase program In our view, the strong returns from the past 18 months or so have priced in a lot of the company’s future growth, meaning that returns from here will likely be limited by the high valuation. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. and can follow @NIKE. Nike stock returned -37% in 2018, and has returned ~13% thus far in 2019. Nike has sought to balance its dividends with stock buybacks, and that's likely to continue in the future. Check out our privacy policy. The dividend declared today is payable on January 2, 2019 to shareholders of record at the … The company has raised its quarterly dividend rate every year since 2004. This represents an increase of 10 percent versus the prior quarterly dividend rate of $0.20 per share.

The company just reported earnings again. Nike boosts dividend 17%, plans 2-for-1 stock split Nike ( NYSE:NKE ), the world’s largest sporting-goods company, said Thursday that it will boost its dividend and plans a two-for-one stock split.

PennantPark Investment Corp.: Is This 13%-Yielding “Alternative Bank” a Bargain? Nike stock surged more than seven percent in after-hours trading following the earnings release on Thursday. approved a quarterly cash dividend of $0.22 per share on the company’s Is MGM Growth Properties LLC’s 7% Yield Immune to COVID-19?

That translated to a payout ratio of 33.9%, which not only leaves a wide margin of safety, it gives plenty of room for future dividend increases. Excluding one-time items, Nike posted adjusted earnings of $0.68 per share, which was significantly better than analysts’ consensus estimate of earnings of $0.53 per share. Prices; Financials ; Revenue & Profit; Assets & … Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future.

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