From The Motley Fool · Thomas Niel · · 50s
Nike Dividend: $2,000 Yearly Income
1,220 shares of Nike stock yield $2,000 yearly dividends but risk dividend cuts.
In brief
1,220 shares of Nike stock yield $2,000 yearly dividends but risk dividend cuts. Nike's 4.4% dividend yield requires 1,220 shares for $2,000 annual income but faces dividend cut risks due to uncertain earnings. Originally reported by The Motley Fool.
Nike's dividend history
Nike has raised dividends for 24 consecutive years with a forward yield of 4.4%.
Dividend calculation
To earn $2,000 annually, you need 1,220 shares at a current stock price of $37.53.
Dividend risk
Earnings forecasts cannot cover dividends until at least 2027, raising cut risks.
Treasury comparison
10-year Treasuries yield 5.15%, generating $2,340 annually versus Nike's $2,000.
Dividend decision
Nike may increase dividends by $0.01 in November to maintain growth or signal trouble.
Investment advice
Wait for December earnings report before buying Nike shares for dividend income.
What to remember
Nike's 4.4% dividend yield requires 1,220 shares for $2,000 annual income but faces dividend cut risks due to uncertain earnings.
