NASDAQ Stock Market
Here's How Many Shares of Nike You'd Need for $10,000 in Yearly Dividends
xCruzo Brief
Nike’s fiscal 2027 first-quarter results and its dividend profile are the focus as the stock remains under pressure. For the quarter ended Aug. 31, Nike reported revenue of $11.2 billion, down 4% year over year and below analyst estimates. The article notes the shares are 81% below their November 2021 record level (as of Oct. 5). With Nike’s annualized dividend at $1.64 per share, the piece estimates investors would need about 6,100 shares to earn $10,000 in yearly dividends. It also highlights a dividend streak of 25 consecutive years and a near-5% yield, while pointing to challenges in product innovation.
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