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Barchart
Barchart
Mohit Oberoi

Nike Could Be the Next Dividend Aristocrat, But Is NKE Stock a Buy?

NIke NKE China

Nike (NKE) stock has underperformed terribly since peaking in late 2021. It has closed in the red for three years and is in the red this year as well. However, the stock has a healthy dividend yield of over 2.2% and is on track to become a Dividend Aristocrat. Let's explore the sustainability of Nike's dividend and examine whether the stock is a buy.

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