BEAVERTON, Ore., Nov. 18, 2010 – NIKE, Inc. (NYSE: NKE) announced these days that its Board of Directors has declared a quarterly money dividend of $0.31 every write about around the company’s exceptional school A and school B typical Stock. The $0.31 quarterly dividend, which can be payable on dec 30, 2010 to shareholders of report in the near of company on dec 6, 2010, represents a 15 % boost more than the earlier quarterly level of $0.27 every share.
“We are pleased to boost our dividend to the ninth yr inside a row,” mentioned Mark Parker, President and CEO of NIKE, Inc. “Over the final 5 many years we have returned extra than $2 billion to shareholders via dividend payments. Today’s boost illustrates the durability of our sense of balance sheet and also the acceleration of our business. We are self-confident our methods will carry on to generate long-term rewarding development and powerful money flows which will fuel investments to the potential and allow us to return money to shareholders.”*
About NIKE, Inc.
NIKE, Inc. centered close to Beaverton, Oregon, will be the world's top designer, marketer and distributor of genuine athletic footwear, apparel, gear and components for any broad wide range of sports activities and physical fitness activities. Wholly-owned Nike subsidiaries consist of Cole Haan, which designs, market segments and distributes luxury shoes, handbags, components and coats; Converse Inc., which designs, market segments and distributes athletic footwear, clothing and accessories; Hurley global LLC, which designs, market segments and distributes activity sports activities and youth life-style footwear, clothing and accessories; and Umbro Ltd., a top United Kingdom-based worldwide football (soccer) brand. For extra information, Nike’s earnings releases along with other monetary details are readily available around the web at www.nikebiz.com/investors.
* The marked paragraph consists of forward-looking claims that include dangers and uncertainties that could lead to specific outcomes to differ materially. These dangers and uncertainties are thorough from time to time in reviews filed by NIKE using the S.E.C., such as types 8-K, 10-Q, and 10-K.