NIKE, Inc. (NYSE:NKE – Get Free Report) announced a quarterly dividend on Monday, May 4th. Investors of record on Monday, June 1st will be paid a dividend of 0.41 per share by the footwear maker on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Monday, June 1st.
NIKE has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 22 consecutive years. NIKE has a dividend payout ratio of 63.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect NIKE to earn $1.88 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 87.2%.
NIKE Stock Down 2.8%
Shares of NIKE stock opened at $43.17 on Tuesday. NIKE has a one year low of $42.09 and a one year high of $80.17. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.45. The stock’s 50-day moving average is $51.39 and its 200 day moving average is $59.65. The firm has a market cap of $63.93 billion, a price-to-earnings ratio of 28.59, a PEG ratio of 2.36 and a beta of 1.12.
Key NIKE News
Here are the key news stories impacting NIKE this week:
- Positive Sentiment: Board declared a $0.41 quarterly cash dividend payable July 1 to shareholders of record June 1, implying an annualized yield near 3.8% — supports shareholder returns and may attract income-focused investors. NIKE, Inc. Declares $0.41 Quarterly Dividend (BusinessWire)
- Neutral Sentiment: Dividend yield comparisons to peers highlight that Nike’s yield (~3.7–3.8%) is lower than some telecom/dividend names, but analysts note differing cash profiles — useful context for income vs. growth investors. Verizon Has a Dividend Yield Of 5.9% and Nike’s Is 3.7% (The Motley Fool)
- Neutral Sentiment: Press coverage of the dividend was widely distributed (e.g., Yahoo); the announcement itself is not a surprise but confirms the company’s capital allocation stance. NIKE, Inc. Declares $0.41 Quarterly Dividend (Yahoo)
- Negative Sentiment: Recent results show meaningful earnings pressure — reports cite EPS down roughly 35% year-over-year — raising concerns about near-term profitability and growth recovery. Earnings weakness noted in Motley Fool coverage
- Negative Sentiment: Analysts flag inventory cleanup and weak Sportswear demand; NKE has fallen sharply over the last three months (reported ~29% decline), which reflects investor concern about demand recovery and margin pressure. NIKE Stock Drops 29% in 3 Months (Zacks)
- Negative Sentiment: Market action this session and commentary note NKE is underperforming the broader market, consistent with the operational concerns above. Nike (NKE) Declines More Than Market (Zacks)
NIKE Company Profile
Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.
The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).
Further Reading
Receive News & Ratings for NIKE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NIKE and related companies with MarketBeat.com's FREE daily email newsletter.
