With a Yield Fast Approaching 5%, Nike Says Its Dividend Is the ‘Top Priority’

Unless a company is in a sector known for paying out most of its earnings as dividends, a high dividend yield usually signals trouble. Nike (NKE) is no exception here, as the sneaker giant’s dividend yield has risen to almost 5%. That is, incidentally, a number markets have fixated on, with U.S. 10-year Treasury yields above that level, a multi-year high.

Nike’s Dividend Yield Is Near All-Time Highs