Nike hikes dividend by 12% ahead of expected sales bounce
Nike hikes dividend by 12% ahead of expected sales bounce
Nov 20 (Reuters) - Nike Inc NKE.N said on Friday it would raise its quarterly dividend by 12%, or 3 cents per share, underscoring the financial strength of the world&aposs largest sportswear maker in the midst of the COVID-19 pandemic.
Nike in September said it expects sales in the second half of its fiscal year ending May 2021 to be "up significantly", as it bounces back from a slump earlier this year when retailers canceled orders and lockdowns kept people away from stores in key markets.
The company&aposs share price, up about 30% this year, has more than doubled since its March low as it slashed costs by cutting corporate jobs and targeted online investments.
A cash dividend of $0.275 per share on Nike&aposs outstanding class A and class B stock is payable on Dec. 29.
2020 marks Nike&aposs 19th consecutive year of increasing dividend payouts, after raising quarterly payments by 11% in 2019, and comes as many other companies either cut or pause shareholder returns due to the virus outbreak.
Nov 20 (Reuters) - Nike Inc NKE.N said on Friday it would raise its quarterly dividend by 12%, or 3 cents per share, underscoring the financial strength of the world&aposs largest sportswear maker in the midst of the COVID-19 pandemic.
路透11月20日電-耐克(NKE.N:行情)週五表示,將把季度股息提高12%,合每股3美分,突顯出這家全球最大的運動服裝製造商在新冠肺炎疫情中的財務實力.
Nike in September said it expects sales in the second half of its fiscal year ending May 2021 to be "up significantly", as it bounces back from a slump earlier this year when retailers canceled orders and lockdowns kept people away from stores in key markets.
耐克在9月份表示,預計截至2021年5月的下半財年銷售額將“大幅增長”,因為該公司正從今年早些時候的低迷中反彈,當時零售商取消了訂單,封鎖使人們無法進入關鍵市場的商店。
The company&aposs share price, up about 30% this year, has more than doubled since its March low as it slashed costs by cutting corporate jobs and targeted online investments.
這家公司的股價今年上漲了約30%,自3月份的低點以來已經上漲了一倍多,原因是該公司通過裁員和有針對性的在線投資來大幅削減成本。
A cash dividend of $0.275 per share on Nike&aposs outstanding class A and class B stock is payable on Dec. 29.
耐克公司A類和B類流通股的現金股息為每股0.275美元,將於12月29日支付。
2020 marks Nike&aposs 19th consecutive year of increasing dividend payouts, after raising quarterly payments by 11% in 2019, and comes as many other companies either cut or pause shareholder returns due to the virus outbreak.
繼2019年將季度股息支出提高11%之後,2020年是耐克公司連續第19年增加股息支出,而與此同時,由於病毒爆發,許多其他公司要麼削減或暫停股東回報。
譯文內容由第三人軟體翻譯。
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