Key takeaways
- Over that time, the stock has steadily slid and recently was down 78% from its all-time high.
- Today, Nike pays its shareholders $1.64 per share annually, and it has a 24-year streak of payout hikes, a record that admittedly makes Nike stock hard to ignore.
- Unless Nike can rejuvenate its growth, this consumer discretionary stock may not be a great choice for a $10,000 dividend investment.
A 24-year streak of dividend increases has made Nike's dividend more compelling. Investors need to watch free cash flow and revenue trends.
See the latest quote, chart and news for NKE.
