Nike raises quarterly dividend to 27 cents

AP News
Posted: Nov 19, 2009 6:39 PM

Nike Inc. on Thursday raised its quarterly dividend by 8 percent to 27 cents per share from 25 cents per share.

It will be paid Jan. 4 to shareholders of record as of Dec. 7.

Athletic shoes and apparel maker Nike is based in Beaverton, Ore. Its shares fell 86 cents to $63.56 on Thursday.