Thursday was a good day for Nike shareholders. The sportswear giant announced that it will be hiking its dividends by 14 percent, and that its board has approved a $12 billion USD share repurchase program in addition to a two-for-one stock split. This will be Nike's seventh stock split in its history and once again will be a two-for-one deal, making Nike's stock more accessible to the public. The 100 percent stock dividend will be payable to current shareholders at the end of December, just in t...
Thursday was a good day for Nike shareholders. The sportswear giant announced that it will be hiking its dividends by 14 percent, and that its board has approved a $12 billion USD share repurchase program in addition to a two-for-one stock split. This will be Nike's seventh stock split in its history and once again will be a two-for-one deal, making Nike's stock more accessible to the public. The 100 percent stock dividend will be payable to current shareholders at the end of December, just in t...
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