Nike faces dividend cut risk despite 24 consecutive years of increases
NKE Nike Inc
$37.53 -0.92%
View chart & analysis → - 1Nike has increased its dividends for 24 consecutive years.
- 2Nike's forward dividend yield of 4.4% carries a risk of a dividend cut.
- 3With 10-year Treasury yields at approximately 5.15%, Nike's turnaround remains uncertain.
So what's the key point?
Nike has raised its dividends every year for 24 years. However, with Treasury yields at 5.15%, there is a risk of a dividend cut and uncertainty regarding the company's turnaround.
Source The Motley Fool +1 · View original ↗
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