Is Nike the Ultimate Dividend Stock You Should Buy Right Now?
Investors might find that the 3.81% dividend yield is too hard to overlook.
Overview
Nike (NYSE: NKE) is in the middle of a major strategic overhaul, and management is optimistic that its efforts will soon improve financial performance. But investors aren't convinced.
Shares have fallen 32% in 2026 (as of July 28). And they're down 74% in the past five years. Excluding the past few months, the last time the stock traded at its current price was all the way back in 2014 (adjusting for the 2015 stock split).
Details
But this business might appeal to income investors, especially since the dividend yield is 3.81% right now. Does this make Nike the ultimate dividend stock?
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.