Nike: 11 percent increase in quarterly dividend.
(CercleFinance.com) - Nike said on Thursday that it will pay a quarterly cash dividend of 20 cents a share, up 11% versus the previous quarter's dividend rate of 18 cents.
This is the sixteenth straight year that the Oregon-based maker of athletic footwear and clothing has boosted payout for shareholders.
"Today's announcement, combined with the four-year 12 billion dollars share repurchase program we announced in 2015, demonstrates our continued confidence in generating strong cash flow," CEO Mark Parker said.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
This is the sixteenth straight year that the Oregon-based maker of athletic footwear and clothing has boosted payout for shareholders.
"Today's announcement, combined with the four-year 12 billion dollars share repurchase program we announced in 2015, demonstrates our continued confidence in generating strong cash flow," CEO Mark Parker said.
Copyright (c) 2017 CercleFinance.com. All rights reserved.