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Nike, Inc. - Class B (NKE) logo

Nike, Inc. - Class B

S&P 500
NKE|Consumer Cyclical|Footwear & Accessories|$44.14|P/E 29.2|MCap 65.4B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

63/ 100Safe

NKE's dividend appears safe and well-supported. Strengths include a 9.7% net debt / total assets & 2.1x current ratio. Areas of concern: 106.6% earnings payout ratio & 228.0% fcf payout ratio. The dividend has been growing at a 9.77% 5-year CAGR.

Based on 14 of 15 metrics

Strengths

  • Net Debt / Total Assets: 9.7%Healthy balance sheet with low net debt.
  • Current Ratio: 2.1xStrong short-term liquidity to meet obligations.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • Earnings Payout Ratio: 106.6%High earnings payout ratio leaves little safety margin.
  • FCF Payout Ratio: 228.0%Free cash flow is tight relative to the dividend.
  • Operating Margin: 6.9%Operating margin is thin and pressures the dividend.

Payout & Coverage

Warning
Earnings Payout Ratio
106.6%Danger
FCF Payout Ratio
228.0%Danger
CFO Payout Ratio
59.2%Caution
Interest Coverage
N/AN/A

Balance Sheet

Very Safe
Net Debt / Total Assets
9.7%Very Safe
Current Ratio
2.1xVery Safe
Debt-to-Equity
79.3Safe

Profitability

Caution
Return on Equity
16.0%Safe
Operating Margin
6.9%Warning
Gross Margin
40.2%Safe
Profit Margin Stability
ModerateCaution

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
9.8%Safe
Earnings Stability
GrowingVery Safe

About Nike, Inc. - Class B

Nike, Inc. - Class B is the publicly traded equity representing Class B shares of the world's largest athletic footwear and apparel brand. The company designs, develops, markets, and sells a broad portfolio of performance and casual products, with footwear accounting for about two-thirds of sales, including key categories like basketball, running, and football (soccer). Its iconic brands encompass Nike, the premium Jordan line for athletic footwear and clothing, NikeSkims for women's athleisure, and Converse for casual sneakers. Nike, Inc. - Class B operates globally through owned stores, franchises (notably around 5,500 in China), third-party retailers, and e-commerce in over 40 countries, while outsourcing nearly all production to contract manufacturers across more than 30 nations. Founded in 1964 and headquartered in Beaverton, Oregon, it serves consumers, businesses, and governments via segments including North America, Europe/Middle East/Africa, Greater China, Asia Pacific/Latin America, Global Brand Divisions, and Converse. With approximately 77,800 employees, Nike, Inc. - Class B holds significant influence in the consumer cyclical sector, particularly footwear and accessories, driving trends in sportswear markets worldwide.

Dividend Overview

Dividend Yield

3.67%

Annual Dividend

$1.62

Frequency

Quarterly

Payout Ratio

106.58%

FCF Payout Ratio

227.96%

Stock Price

$44.14

52-Week Range

$42.09 $80.17

Dividend History (2016–2025)

NKE annual dividend per share and yield history

Earnings & Profitability

NKE earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

June 1, 2026

Next Payment Date

July 1, 2026

Dividend Growth

3-Year Dividend CAGR

8.66%

5-Year Dividend CAGR

9.77%

10-Year Dividend CAGR

10.75%

3-Year Total Growth

28.29%

5-Year Total Growth

59.41%

10-Year Total Growth

177.59%

Income Calculator

NKE Dividend Calculator

Total Investment

$4,414.00

Annual Income

$162.00

Quarterly Income

$40.50

Monthly Income

$13.50

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Frequently Asked Questions

What is NKE's current dividend yield?
Nike, Inc. - Class B (NKE) currently has a dividend yield of 3.67%, based on a stock price of $44.14 and an annual dividend of $1.62.
When is NKE's next dividend payment date?
NKE's next ex-dividend date is 2026-06-01 and the next payment date is 2026-07-01. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does NKE pay in dividends per year?
Nike, Inc. - Class B paid $1.61 per share in annual dividends in 2025. The dividends are paid quarterly.
Has NKE been increasing its dividend?
Nike, Inc. - Class B has grown its dividend at a 5-year CAGR of 9.77% and a 10-year CAGR of 10.75%.
Is NKE's dividend safe?
Nike, Inc. - Class B has a payout ratio of 106.58%. Its free cash flow payout ratio is 227.96%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is NKE's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Nike, Inc. - Class B's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for consumer cyclical companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.