Nike is on track to raise its quarterly dividend for the 25th consecutive year in 2026, which would make it a Dividend Aristocrat. The company currently yields 4%, nearly four times the S&P 500's 1.03% yield, after last November's increase to $0.41 per share, or $1.64 annually. Nike has paid $6.9 billion in cumulative dividends over the past three fiscal years, equal to 11% of its market capitalization. The stock trades 77% below its November 2021 peak and has fallen 50% since CEO Elliott Hill took over in October 2024, but the company reported $3.1 billion in net profit in fiscal 2026 and holds $9 billion in cash and short-term investments. Revenue is projected to decline 1.5% in fiscal 2027 before growing less than 4% annually over the next two years.
Nike IncNike is on track to raise its dividend for the 25th consecutive year, making it a Dividend Aristocrat, with a 4% yield and strong cash position.
NVIDIA Corporation