This document contains an assignment submission for an Advance Financial Management course. It includes the student's name, assignment number, subject, student ID, and instructor's name. The document provides answers to questions about Nike's dividend payments, including that Nike pays quarterly dividends of $0.34 per share on January 5, April 5, July 5, and October 5 as declared by its Board of Directors. It also states that Nike pays dividends in cash to shareholders and reports its net income.
This document contains an assignment submission for an Advance Financial Management course. It includes the student's name, assignment number, subject, student ID, and instructor's name. The document provides answers to questions about Nike's dividend payments, including that Nike pays quarterly dividends of $0.34 per share on January 5, April 5, July 5, and October 5 as declared by its Board of Directors. It also states that Nike pays dividends in cash to shareholders and reports its net income.
This document contains an assignment submission for an Advance Financial Management course. It includes the student's name, assignment number, subject, student ID, and instructor's name. The document provides answers to questions about Nike's dividend payments, including that Nike pays quarterly dividends of $0.34 per share on January 5, April 5, July 5, and October 5 as declared by its Board of Directors. It also states that Nike pays dividends in cash to shareholders and reports its net income.
Assignment: 4 Subject: Advance Financial Management SAP ID: 70113554 Submitted to: Sir Ashfaq Ahmed
1|Page Company Name: Nike
Q1. What is the announcement date of dividend?
Ans: Nike announcement date of dividends are January 5, April 5, July 5 and October 5. Q2: How much they pay the dividend? Ans: Nike pay $0.34 per share to their shareholders. Q3. What is the holder of the record day? Ans: Quarterly dividends on NIKE common stock, when declared by the Board of Directors, are paid on a calendar year basis on or about January 5, April 5, July 5 and October 5. Q4. How the company announce dividend? Ans: Quarterly dividends on NIKE common stock, when declared by the Board of Directors, are paid on a calendar year basis on or about January 5, April 5, July 5 and October 5. All dividend amounts have been restated to reflect all historical stock splits and have been rounded to the nearest thousandth. Q5. In which form they pay dividend? Ans: Nike pay dividend in the form of cash to their shareholders Q6. The company’s net income? Ans: NIKE net income for the twelve months ending February 28, 2023 was $5.478B, a 10.43% decline year-over-year. NIKE annual net income for 2022 was $6.046B, a 5.57% increase from 2021.