Nike, inc. announces 12 percent increase in quarterly dividend

Beaverton, ore.--(business wire)--nike, inc. (nyse: nke) announced today that on november 19, 2020 its board of directors approved a quarterly cash dividend of $0.275 per share on the company's outstanding class a and class b common stock. this represents an increase of 12 percent versus the prior quarterly dividend rate of $0.245 per share. the dividend declared yesterday is payable on december 29, 2020 to shareholders of record at the close of business december 7, 2020. “today's announcement
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