Nike Stock to Pay Larger Dividends
If you're a Nike (NYSE: NKE) shareholder, you're about to get a raise.
The athletic footwear, apparel, and equipment maker announced on Thursday that its board of directors authorized an 11% increase in its dividend. The move will bring Nike's quarterly cash payout to $0.245 per share, up from $0.22.
The dividend will be paid on Jan. 2, 2020 to shareholders of record at the close of business on Dec. 2, 2019.
Source Fool.com
