Nike Stock To Go Ex-dividend Tomorrow (NKE)

NEW YORK ( TheStreet) -- The ex-dividend date for Nike (NYSE: NKE) is tomorrow, February 27, 2014. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $78.59 as of 9:45 a.m. ET, the dividend yield is 1.2%.

The average volume for Nike has been 3.9 million shares per day over the past 30 days. Nike has a market cap of $55.07 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 0.7% 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 athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide.

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TheStreet Ratings rates Nike as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Nike Ratings Report.

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