NIKE, Inc.
NKE24 yrs growthConsumer Cyclical · Stock · quarterly payer
Forward Yield
3.75%
Annual Dividend
$1.64
Payout Ratio
78%
5-Yr Growth
9.8%
Ex-Date
Jun 1, 2026
Frequency
Quarterly
Summary
As of July 2026, NIKE, Inc. (NKE) yields 3.75% ($1.64 per share annually), with a blended fair-value estimate of $69.82 — +60% upside, so it screens as undervalued. Dividend safety grade: B (79/100). 24 years of dividend growth.
Is NKE a good dividend stock?
YesNIKE, Inc. (NKE) pays a quarterly dividend yielding 3.75% ($1.64/yr), with 24 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 24 consecutive years of dividend growth
- Strong 9.8% 5-yr dividend growth
Risks
- Cut its dividend in 1991
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.75%
- Payout Ratio
- 78%
- Annual Dividend
- $1.64
- 5-Yr Avg Growth
- 9.8%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 24
- Frequency
- quarterly
- Beta
- 1.13
- Market Cap
- $64.5B
- P/E Ratio
- 20.7
- 5-Yr Total Return
- -73%
- 52-Week Range
- $40.00 – $80.17
- Dividend Safety
- B · 79/100
- Ever Cut?
- Yes (1991)
Frequently Asked Questions
NKE Price — Last 12 Months
Daily close
Price Return
1 Year
-43%
3 Years
-57%
5 Years
-73%
52-Week Range
$40.00 – $80.17
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NKE worth?
Undervaluedmedium confidenceOur blended fair-value estimate for NIKE, Inc. is $69.82 per share, versus a market price of $43.76. That implies 60% of upside — a margin of safety of about 37%.
Fair Value
$69.82
Current Price
$43.76
Upside
+60%
Margin of Safety
37%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 2.2% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.9% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $2.10 EPS, $1.64 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NKE Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.4100 | regular |
| Mar 2, 2026 | — | $0.4100 | regular |
| Dec 1, 2025 | — | $0.4100 | regular |
| Sep 2, 2025 | — | $0.4000 | regular |
| Jun 2, 2025 | — | $0.4000 | regular |
| Mar 3, 2025 | — | $0.4000 | regular |
| Dec 2, 2024 | — | $0.4000 | regular |
| Sep 3, 2024 | — | $0.3700 | regular |
| Jun 3, 2024 | — | $0.3700 | regular |
| Mar 1, 2024 | — | $0.3700 | regular |
| Dec 1, 2023 | — | $0.3700 | regular |
| Sep 1, 2023 | — | $0.3400 | regular |
| Jun 2, 2023 | — | $0.3400 | regular |
| Mar 3, 2023 | — | $0.3400 | regular |
Income Calculator
At $1.64 / yr per share
