when will nike stock split again 2020

Full Answer

When does Nike's stock split?

The Oregon-headquartered athletic shoe and clothing company said Thursday both classes of its stock will split on December 24 and it expects its common stock to begin trading at the split-adjusted price on December 26. "Nike has a consistent track record of delivering value to our shareholders," said Nike president and CEO Mark Parker.

Is Nike stock a buy at the end of 2020?

Nike ( NYSE:NKE) stock is ending 2020 with a bang. Its outperformance over the S&P 500 reached its highest point in the final week of the year, with shareholders looking at 40% return compared to 15% for the wider market. Those gains would have seemed impossible back when the sports apparel giant was posting 40% sales declines earlier in the year.

How much does Nike return to shareholders?

"Nike has a consistent track record of delivering value to our shareholders," said Nike president and CEO Mark Parker. "Over the last eleven years the company has returned over $14 billion to shareholders through dividend payments and share repurchases.

When are Nike dividends paid?

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.

Is Nike going to have a stock split?

Nike (NYSE:NKE), the world's largest sporting-goods company, said Thursday that it will boost its dividend and plans a two-for-one stock split.

How often does Nike stock split?

History of Nike Stock Splits Nike has performed a 2-FOR-1 stock split seven times in its history, with the first one occurring in 1983 and the most recent one occurring in 2015.

Is Nike a good stock to buy 2021?

Due to COVID-19 pains in 2020, fiscal 2021 (ended May 31, 2021) revenue and earnings increased by 19% and 92%, respectively. Hence, Nike's ability to increase both its top and bottom line this upcoming year would be a worthy accomplishment.

Which stock is going to split soon?

SplitsCompanyOld FVSplit DateIntegra Essenti Add to Watchlist Add to Portfolio303-02-2022Aakash Explorat Add to Watchlist Add to Portfolio1003-02-2022Sindhu Trade Add to Watchlist Add to Portfolio1003-02-2022Punj Alkalies Add to Watchlist Add to Portfolio1027-01-202257 more rows

Does Nike pay a dividend?

From its 1985 to 2019 after adjusting for its stock splits, Nike paid out quarterly dividends ranging from 0.5 cents per share in 1985 to 88 cents per share in 2019. Over the past three years, Nike's dividend has increased by an average of 15.8% per year.

Which stock has the highest dividend?

Highest current dividend yieldsCompanyTickerCurrent dividend yieldLumen Technologies, Inc.LUMN, -1.57%8.42%Altria Group Inc.MO, +0.58%6.80%Simon Property Group Inc.SPG, -2.51%6.31%Vornado Realty TrustVNO, -0.70%6.25%12 more rows•May 25, 2022

Is it smart to invest in Nike?

From 2011 through 2021, Nike more than doubled annual revenue while more than tripling its yearly diluted earnings per share. Nike's focus on direct-to-consumer sales is serving investors well.

Is Nike a buy sell or hold?

NIKE has received a consensus rating of Buy. The company's average rating score is 2.76, and is based on 23 buy ratings, 5 hold ratings, and 1 sell rating.

What is the forecast for Nike stock?

Stock Price Forecast The 28 analysts offering 12-month price forecasts for Nike Inc have a median target of 160.50, with a high estimate of 195.00 and a low estimate of 125.00. The median estimate represents a +32.70% increase from the last price of 120.95.

Is it better to buy stock before or after a split?

Before and After Results If the stock pays a dividend, the amount of dividend will also be reduced by the ratio of the split. There is no investment value advantage to buy shares before or after a stock split.

Will Amazon split soon?

On March 9, Amazon announced that its board of directors had approved the online retailer's plan for a 20-for-1 stock split, which will affect stockholders who own shares of the online retailer at the close of business on June 3.

Do stocks go up after a split?

As White told the Journal, a split “opens up an opportunity for a lot of traders since” it is easier to buy Amazon when it's at roughly $120. A Cboe analysis found that stock splits boost trading volume due to “additional participation from retail investors, especially in securities with larger market capitalization.”

What happened to Nike in May?

The worst was yet to come. In late June, Nike announced that global sales plummeted 38% in the three months that ended in May. Inventory spiked, profits dropped, and the company raced into the debt market to offset slumping cash flow. Image source: Getty Images.

Is Nike stock going up in 2020?

Nike ( NYSE:NKE) stock is ending 2020 with a bang. Its outperformance over the S&P 500 reached its highest point in the final week of the year, with shareholders looking at 40% return compared to 15% for the wider market.

Is Nike a good company in 2020?

Nike had a good 2020 but should reward shareholders who hold on through the next three to five years. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley!

How many times has Nike split?

Nike has performed a 2-FOR-1 stock split seven times in its history, with the first one occurring in 1983 and the most recent one occurring in 2015. We examined the performance of Nike stock compared to the S&P 500 Index (benchmark for US Large Cap Stock Market) both 1 week and 1 year after the announcement of the last four stock splits in 1996, ...

How much do you need to buy a share of Nike before a stock split?

In the example above, you would need $100 to purchase one share of Nike before the stock split. After the 2-for-1 stock split, you would only need $50 to purchase a share of Nike.

Do stock splits create additional value?

Stock splits do not fundamentally create any additional value and as you can see by the last four Nike splits, the results are inconsistent. The historical performance shows that any initial price increases from the split tend to be temporary.