NIKE (NKE) will raise its quarterly dividend by 14.3 percent to $0.32 per share in the fourth quarter of 2015. Last year the footwear and apparel company hiked its dividend by 16.7 percent.
The increased dividend will be paid on January 4, 2016 to stockholders of record on December 9, 2015.
NIKE, Inc. is a designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. The company’s brands include Converse, which designs, markets and distributes athletic lifestyle footwear, apparel and accessories; and Hurley, which designs, markets and distributes surf and youth lifestyle footwear, apparel and accessories.