📈 Stock Market 13h ago · Chris Lange

Nike Has Raised Its Dividend for 24 Straight Years. November Could Change Everything

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The post Nike Has Raised Its Dividend for 24 Straight Years. November Could Change Everything appeared first on 24/7 Wall St..
The dividend from Nike (NYSE:NKE) now yields about 4.48%. That figure is high because the stock has fallen 41.02% this year to $36.60. Retirees who hold Nike for income want to know one thing: will a run that reached its 24th consecutive year of increasing dividend payouts keep going while the business is still shrinking?

Nike usually announces its raise in November. It

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