NIKE (NYSE:NKE) Announces US$0.40 Quarterly Dividend for Class A & B Shares
NIKE (NYSE:NKE) recently announced a quarterly cash dividend of $0.40 per share, slated for payout on July 1, 2025. Last week, the company's stock experienced a 3% decline, contrasting with the broader market's rise of nearly 2%, which was buoyed by strong employment data and easing trade tensions between the U.S. and China. Despite a generally positive market tone, NIKE's dip might reflect investor reactions to its earlier dividend affirmation, as major market indices continued their upward...