Nike, inc. announces 9 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 $0.370 per share on the company's outstanding class a and class b common stock. this represents an increase of 9 percent versus the prior quarterly dividend rate of $0.340 per share. the dividend declared today is payable on january 2, 2024, to shareholders of record at the close of business december 4, 2023. “nike has a consistent track record of delivering.
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