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    Zuhair Nasir
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    The document contains answers to questions about Nike's dividend payments. Nike pays a $0.34 per share dividend on January 5, April 5, July 5, and October 5 each year. The dividend is declared by the Board of Directors and the record date is the same day each quarter that the dividend is paid. Dividends are paid in cash to shareholders. Nike's net income for the 12 months ending February 2023 was $5.478 billion, down 10.43% from the previous year.

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    The document contains answers to questions about Nike's dividend payments. Nike pays a $0.34 per share dividend on January 5, April 5, July 5, and October 5 each year. The dividend is declared by the Board of Directors and the record date is the same day each quarter that the dividend is paid. Dividends are paid in cash to shareholders. Nike's net income for the 12 months ending February 2023 was $5.478 billion, down 10.43% from the previous year.

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    4 views2 pages

    AFM Assignment 4

    Uploaded by

    Zuhair Nasir
    The document contains answers to questions about Nike's dividend payments. Nike pays a $0.34 per share dividend on January 5, April 5, July 5, and October 5 each year. The dividend is declared by the Board of Directors and the record date is the same day each quarter that the dividend is paid. Dividends are paid in cash to shareholders. Nike's net income for the 12 months ending February 2023 was $5.478 billion, down 10.43% from the previous year.

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    © All Rights Reserved
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    Name: Zuhair Nasir

    Assignment: 4
    Subject: Advance Financial Management
    SAP ID: 70113554
    Submitted to: Sir Ashfaq Ahmed
    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.

    References:
    https://investors.nike.com/

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