One of the world’s largest textile companies, Nike, Inc. (NYSE: NKE) is also one of the world’s best-known sportswear brands. Nike had a market value of $112 billion as of November 1, 2019.
Blue Ribbon Sports was founded in 1964 and renamed Nike in 1971, when it was incorporated as a separate company. After starting out with just $1,200 in the bank, the company has grown into one of the world’s most popular sportswear brands.
North America, Europe, the Middle East and Africa, Japan and China are all part of the company’s global expansion strategy. It is on track to join the ranks of S&P 500 dividend aristocrats thanks to its rising earnings and blue-chip status. An S&P 500 dividend aristocrat must have risen its dividend for a minimum of 25 consecutive years and must be included in the S&P 500 Index to be considered.
Does Nike stock have dividends?
On a calendar year basis, quarterly dividends on NIKE common stock are paid on or around January 5, April 5, July 5, and October 5. Re-calculated dividends have been rounded to the nearest thousandth for all historical stock splits.
What is Nike’s dividend per share?
The current price of the stock is $168.83 per share. Nike’s trailing twelve-month (TTM) dividend per share is $1.1. Nike’s highest dividend yield was 1.62 percent over the past 13 years. 0.62 percent was the lowest.
How much does Nike pay per stock?
On Friday, March 27, 2020, shareholders of the Nationwide Risk-Managed Income ETF received their most recent monthly dividend payment of $0.1527 per share.
Does Nike have debt?
‘Volatility is not a risk we care about,’ said David Iben. We’re concerned about avoiding a long-term capital loss.’ When assessing a stock’s risk, it may be evident that you need to take debt into account, as too much debt might bring a corporation down. Nike, Inc. (NKE) is a company that has debt. Are shareholders concerned about this debt?
What Risk Does Debt Bring?
A company’s ability to pay down its debt, whether through additional capital or free cash flow, decreases as its debt load increases. Capitalism’s ‘creative destruction’ mechanism sees financiers aggressively liquidate failing enterprises. The practice of permanently diluting shareholders of indebted companies is rare, although lenders often push them to seek money at a distressed rate. There are, of course, many businesses that use debt to support development without any negative implications. A company’s cash and debt must be considered together when assessing its debt levels.
How Much Debt Does NIKE Carry?
According to the graph below, Nike’s debt stood at $9.42 billion at the end of February 2021, up from $3.48 billion a year earlier. For a closer look, click on the image. However, according to its balance sheet, it has a net cash position of US$3.11 billion.
How Strong Is NIKE’s Balance Sheet?
According to NIKE’s most recent balance statement, the company owes $8.89 billion in short-term obligations and $15.4 billion in long-term obligations. As a result, the company had $12.5 billion in cash on hand and $3.67 billion in outstanding receivables. This means that the company’s obligations exceed the total of its cash and (next-term) receivables by US$8.06b.
What is SPHD dividend?
On Friday, January 31, 2020, shareholders of Invesco S&P 500 High Dividend Low Volatility ETF received a dividend payment of $0.1556 per share.
Does Tesla pay a dividend?
Tesla’s common stock has never been paid a dividend. Therefore, we do not expect to distribute any cash dividends in the near future because we aim to keep all future earnings to fund further expansion.
Do Coca-Cola stocks pay dividends?
Today, the best dividend stock to purchase is Coca-Cola (NYSE:KO). A real Dividend Aristocrat, Coca-Cola, is on the list. If a corporation has paid and increased its dividend for at least 25 consecutive years, it is a Dividend Aristocrat. This is not the first time Coca-Cola has increased its dividends.
