Nike raises quarterly dividend 8% to 40c from 37c per share

Nike (NKE) announced that its Board of Directors has declared a quarterly cash dividend of 40c per share on the company’s outstanding Class A and Class B Common Stock payable on January 2, 2025, to shareholders of record at the close of business on December 2, 2024. This represents an increase of 8% versus the prior quarterly dividend rate of 37c per share. This announcement marks the 23rd consecutive year that Nike has increased its quarterly dividend.

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