Is a Dividend Cut Inevitable for Nike?
Dividend payments are never a guarantee. If a company is doing well and its stock is rising, there usually won't be any significant questions about whether its Dividend is safe and sustainable. But once a company runs into trouble, all that can change.
(NYSE: NKE) has been facing plenty of adversity in recent years. The apparel company has been struggling to grow sales, margins have been declining, and the business is in the midst of a turnaround, trying to fix things before the stock falls even further. In five years, it has already lost more than 60% of its value.
This also begs the question of whether its dividend is still safe. At 3.6%, it's now more than three times the average S 500 yield of 1.1%. And while that payout might give investors an incentive to hang on and wait, can it truly be relied upon, or is a dividend cut inevitable?
Source Fool.com
Nike Inc. B Aktie
Nike Inc. B erfreut sich mäßiger Beliebtheit, mit mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 64 € für Nike Inc. B signalisiert eine potenzielle Steigerung von über 50% gegenüber dem aktuellen Kurs von 35.38 €.
