NIKE, Inc. (NYSE:NKE – Get Free Report) declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.41 per share by the footwear maker on Thursday, October 1st. NIKE has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 22 years. NIKE has a payout ratio of 63.3% indicating that its dividend is sufficiently covered by earnings. Get NIKE alerts:NIKE Stock PerformanceNKE stock opened at $41.91 on Friday.