Nike, inc. announces 11 percent increase in quarterly dividend

Beaverton, ore.--( business wire )--nike, inc. (nyse: nke) announced today that its board of directors approved a quarterly cash dividend of $0.340 per share on the company's outstanding class a and class b common stock. this represents an increase of 11 percent versus the prior quarterly dividend rate of $0.305 per share. the dividend declared today is payable on december 28, 2022 to shareholders of record at the close of business december 5, 2022.
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