NEW YORK (
) -- The ex-dividend date for
) is tomorrow, December 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 36 cents per share. At a price of $97.31 as of 9:36 a.m. ET, the dividend yield is 1.5%.
The average volume for Nike has been three million shares per day over the past 30 days. Nike has a market cap of $33.74 billion and is part of the
industry. Shares are up 11.1% year to date as of the close of trading on Tuesday.
NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of footwear, apparel, equipment, and accessory products for men, women, and children worldwide. The company has a P/E ratio of 20.6, above the average consumer non-durables industry P/E ratio of 19.6 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Nike as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full