Athletic footwear and apparel powerhouse NIKE, Inc. (NKE) enjoys robust profitability. In terms of its trailing-12-month net income margin and Return On Common Equity (ROCE), NKE’s 9.90% and 34.6% are 124.2% and 216.7% higher than the industry averages of 4.42% and 10.93%, respectively.
Earlier this month, NKE declared a quarterly dividend of $0.34 per share on its outstanding Class A and Class B common stock, payable to shareholders on October 2, 2023. Its $1.36 annual dividend yields 1.34% on prevailing prices.
