Will Nike Raise Its Dividend in 2018?
Investors have seen Nike (NYSE: NKE) bounce back somewhat in 2017, recovering from a terrible performance for the athletic footwear and apparel specialist in 2016. With the rising threat of competition, investors have been worried that Nike was losing its edge, but the athletic retail giant has held up somewhat better than some of its smaller peers in the space.
One area in which Nike has never been a leader is with its dividend. The stock's yield is still dismal, but the company has at least recognized its deficiency enough to put together a solid streak of annual increases over time. Many believe that Nike should make bigger dividend increases, but at least so far, the athletic apparel specialist appears to have had different priorities. Let's take a closer look at Nike to see if it might deliver a more respectable dividend increase in 2018.
Current Quarterly Dividend Per Share
Source: Fool.com
Nike Inc. B Stock
With 47 Buy predictions and 3 Sell predictions Nike Inc. B is one of the favorites of our community.
As a result the target price of 115 € shows a positive potential of 34.31% compared to the current price of 85.62 € for Nike Inc. B.
