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Nike (NKE) 3-Year Dividend Growth Rate

: 11.50% (As of Feb. 2024)
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Nike's Dividends per Share for the three months ended in Feb. 2024 was $0.37.

The historical rank and industry rank for Nike's 3-Year Dividend Growth Rate or its related term are showing as below:

NKE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.7   Med: 15.5   Max: 38.7
Current: 11.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nike was 38.70% per year. The lowest was 2.70% per year. And the median was 15.50% per year.

NKE's 3-Year Dividend Growth Rate is ranked better than
51.28% of 312 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 10.1 vs NKE: 11.50

During the past 12 months, Nike's average Dividends Per Share Growth Rate was 10.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Nike's Dividend Payout Ratio for the three months ended in Feb. 2024 was 0.38. As of today, Nike's Dividend Yield % is 1.50%.

Good Sign:

Nike Inc stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Footwear & Accessories subindustry, Nike's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nike 3-Year Dividend Growth Rate Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Nike's 3-Year Dividend Growth Rate falls into.



Nike 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Nike  (NYSE:NKE) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Nike's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.37/ 0.98
=0.38

During the past 13 years, the highest Dividend Payout Ratio of Nike was 0.67. The lowest was 0.28. And the median was 0.31.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Nike Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3702024-03-012024-03-042024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3702023-12-012023-12-042024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-09-012023-09-052023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-06-022023-06-052023-07-05Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Nike's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.42/94.53
=1.50 %

Current Share Price is $94.53.
Nike's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.42.

During the past 13 years, the highest Dividend Yield of Nike was 1.60%. The lowest was 0.62%. And the median was 1.06%.

Good Sign:

Nike Inc stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nike 3-Year Dividend Growth Rate Related Terms>


Nike (NKE) Business Description

Address
One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan, and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
Executives
Mark G Parker officer: President ONE BOWERMAN DR, BEAVERTON OR 97005
Robert Holmes Swan director C/O EBAY INC., 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Monique S. Matheson officer: EVP: HR ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Johanna Nielsen officer: VP: CORP CONTROLLER ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Matthew Friend officer: EVP: CFO ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Craig A. Williams officer: PRES: GEOGRAPHIES & MRKTPLACE 1680 CAPITAL ONE DR., MCLEAN VA 22102
Maria Henry director C/O THE HILLSHIRE BRANDS COMPANY, 3500 LACEY ROAD, DOWNERS GROVE IL 60515
Peter B. Henry director C/O NEW YORK UNIVERSITY/KAUFMAN MGT CNT, 44 WEST 4TH STREET, SUITE 11-160, NEW YORK CITY NY 10012
Monica Gil director ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Andrew Campion officer: EVP: CFO, other: EVP: CFO ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Rogers John W Jr director ARIEL CAPITAL MANAGEMENT, INC., 200 EAST RANDOLPH DRIVE, SUITE 2900, CHICAGO IL 60601
Ann M Miller officer: EVP & General Counsel ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Hilary K Krane officer: VP General Counsel ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Heidi O'neill officer: PRES: CONSUMER AND MKTPLC C/O SKULLCANDY, INC., 1441 WEST UTE BOULEVARD, SUITE 250, PARK CITY UT 84098
Elizabeth J Comstock director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210

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