SmarterDividends
NKE

NIKE, Inc.

NKE24 yrs growth

Consumer Cyclical · Footwear & Accessories · Stock · quarterly payer

$37.91

Undervalued · +55% Add to Portfolio

Forward Yield

4.33%

Annual Dividend

$1.64

Payout Ratio

79%

5-Yr Growth

9.8%

Ex-Date

Sep 1, 2026

Frequency

Quarterly

Key facts about NKE's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, NIKE, Inc. (NKE) has a forward dividend yield of 4.33%, based on an annual dividend of $1.64 per share and a share price of $37.91.
  • As of Oct 27, 2026, NKE's dividend safety grade from SmarterDividends is B (79 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, NIKE, Inc. (NKE) has raised its dividend for 24 consecutive years as of Oct 27, 2026.
  • NKE last cut its regular dividend in 1991.
  • NKE's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.41 per share.
  • As of Oct 27, 2026, NKE pays out 79% of its trailing 12-month earnings as dividends (its payout ratio).
  • NKE's dividend has grown at an average rate of 9.8% a year over the past five years.
  • As of Oct 27, 2026, NKE's 4.33% yield is 202% above its five-year average yield of 1.43%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for NKE is $58.63 per share, 55% above the $37.91 share price, so NKE screens as undervalued.
  • NIKE, Inc. (NKE) pays its dividend quarterly, 4 times a year.
  • NIKE, Inc. (NKE) has raised its regular dividend 35 times and cut it 1 time across the 157 payments on record since 1987. Its most recent change was a 2.5% increase to $0.410 per share, going ex-dividend on Dec 1, 2025. The last cut went ex-dividend on Mar 11, 1991.
  • Nike (NKE) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 2.5%, was declared on Nov 20, 2025.
Cite this page

SmarterDividends, "NKE Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/NKE

Summary

As of Oct 27, 2026, NIKE, Inc. (NKE) yields 4.33% ($1.64 a year per share), has a dividend safety grade of B (79/100) and has 24 consecutive years of dividend increases on record.

Is NKE a good dividend stock?

Yes

NIKE, Inc. (NKE) pays a quarterly dividend yielding 4.33% ($1.64/yr), with 24 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 24 consecutive years of dividend growth
  • Strong 9.8% 5-yr dividend growth

Risks

  • Cut its dividend in 1991
  • Share price is down over the past 5 years

Key Data

Dividend Yield
4.33%
Payout Ratio
79%
Annual Dividend
$1.64
5-Yr Avg Growth
9.8%
Ex-Dividend Date
Sep 1, 2026
Years of Growth
24
Frequency
quarterly
Beta
1.10
Market Cap
$56.3B
P/E Ratio
18.2
5-Yr Total Return
-78%
52-Week Range
$31.97 – $70.44
Dividend Safety
B · 79/100
Ever Cut?
Yes (1991)

NKE dividend raises and cuts

NIKE, Inc. (NKE) has raised its regular dividend 35 times and cut it 1 time across the 157 payments on record since 1987. Its most recent change was a 2.5% increase to $0.410 per share, going ex-dividend on Dec 1, 2025. The last cut went ex-dividend on Mar 11, 1991.

Ex-dateChangeOld → newMove
Dec 1, 2025Raise$0.400 → $0.410+2.5%
Dec 2, 2024Raise$0.370 → $0.400+8.1%
Dec 1, 2023Raise$0.340 → $0.370+8.8%
Dec 2, 2022Raise$0.305 → $0.340+11.5%
Dec 3, 2021Raise$0.275 → $0.305+10.9%
Dec 4, 2020Raise$0.245 → $0.275+12.2%
Nov 29, 2019Raise$0.220 → $0.245+11.4%
Nov 30, 2018Raise$0.200 → $0.220+10.0%
Dec 1, 2017Raise$0.180 → $0.200+11.1%
Dec 1, 2016Raise$0.160 → $0.180+12.5%
Dec 7, 2015Raise$0.140 → $0.160+14.3%
Dec 11, 2014Raise$0.120 → $0.140+16.7%
Show all 36 changes since 1987
Ex-dateChangeOld → newMove
Dec 12, 2013Raise$0.105 → $0.120+14.3%
Dec 6, 2012Raise$0.0900 → $0.105+16.7%
Dec 1, 2011Raise$0.0775 → $0.0900+16.1%
Dec 2, 2010Raise$0.0675 → $0.0775+14.8%
Dec 3, 2009Raise$0.0625 → $0.0675+8.0%
Dec 4, 2008Raise$0.0575 → $0.0625+8.7%
Dec 6, 2007Raise$0.0463 → $0.0575+24.3%
Jun 7, 2007Raise$0.0231 → $0.0463+100.0%
Dec 7, 2006Raise$0.0194 → $0.0231+19.4%
Dec 8, 2005Raise$0.0156 → $0.0194+24.0%
Dec 9, 2004Raise$0.0125 → $0.0156+25.0%
Dec 11, 2003Raise$0.0088 → $0.0125+42.9%
Dec 12, 2002Raise$0.0075 → $0.0088+16.7%
Dec 18, 1997Raise$0.0063 → $0.0075+20.0%
Dec 13, 1996Raise$0.0024 → $0.0063+163.2%
Dec 6, 1995Raise$0.0010 → $0.0024+145.1%
Dec 5, 1994Raise$0.0008 → $0.0010+24.1%
Dec 7, 1992Raise$0.0006 → $0.0008+31.5%
Dec 9, 1991Raise$0.0006 → $0.0006+5.5%
Mar 11, 1991Cut$0.0044 → $0.0006−87.1%
Dec 10, 1990Raise$0.0031 → $0.0044+40.0%
Dec 11, 1989Raise$0.0023 → $0.0031+33.3%
Dec 12, 1988Raise$0.0016 → $0.0023+50.0%
Dec 7, 1987Raise$0.0006 → $0.0016+150.1%
NKE ex-dividend date & scheduleNext ex-date Sep 1, 2026 · full ex-dividend historyView →NKE dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is NKE a good dividend stock?

Yes. NIKE, Inc. (NKE) pays a quarterly dividend yielding 4.33% ($1.64/yr), with 24 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is NKE undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NKE's fair value is about $58.63 versus a $37.91 share price — so it looks undervalued (+55% vs. fair value).

Is NKE's dividend safe?

NKE has a dividend-safety grade of B (79/100), based on its payout coverage, free-cash-flow, 24-year growth streak, a dividend cut in 1991, debt and yield-versus-history.

What is NKE's fair value?

Our blended fair-value estimate for NKE is about $58.63 per share, roughly 55% above the current $37.91 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NKE a buy, hold, or sell?

We don't issue formal ratings, but on the data NKE screens as "yes" and undervalued. NIKE, Inc. (NKE) pays a quarterly dividend yielding 4.33% ($1.64/yr), with 24 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will NKE cut its dividend?

NKE earns a dividend-safety grade of B (79/100), and has cut its dividend before (last in 1991). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does NKE pay a dividend?

Yes. NIKE, Inc. pays a quarterly dividend of about $1.64 per share annually, a forward yield of roughly 4.33%.

What is NKE's dividend yield?

As of Oct 27, 2026, NKE's forward dividend yield is 4.33%, based on a $1.64 annual dividend and a $37.91 share price.

What is NKE's dividend per share?

As of Oct 27, 2026, NKE pays $1.64 per share per year, distributed on a quarterly basis.

What is NKE's dividend payout ratio?

As of Oct 27, 2026, NKE's payout ratio is 79% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has NKE grown its dividend?

As of Oct 27, 2026, NKE has increased its dividend for 24 consecutive years.

When is the next NKE ex-dividend date?

As of Oct 27, 2026, NKE's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.41 per share.