Nike Recognized for Social Responsibility and Dividend Performance

Nike (Symbol: NKE) has earned the title of a Top Socially Responsible Dividend Stock according to Dividend Channel. This recognition highlights the company’s solid financial statistics, including an above-average DividendRank score and a strong dividend yield of 2.2%. Additionally, Nike has been acknowledged by major asset managers for its commitment to social responsibility, assessed through various environmental and social criteria.

Understanding Nike’s Social and Environmental Impact

Environmental criteria examined include the sustainability of Nike’s products and services along with their energy and resource efficiency. Social factors take into account issues such as human rights, child labor, corporate diversity, and the broader societal impact of the company’s operations. Activities linked to weapons, gambling, tobacco, and alcohol are also significant in determining social responsibility.

Nike’s Presence in ESG Investing

Data from the ETF Finder at ETF Channel shows that Nike is included in the iShares USA ESG Select ETF (SUSA), comprising 0.32% of the fund, which holds a total of $15,452,323 worth of NKE shares. This inclusion reflects Nike’s standing within a group defined by its focus on environmental, social, and governance (ESG) criteria.

Dividend Insights

Nike currently offers an annualized dividend of $1.6 per share, distributed quarterly. The last ex-dividend date occurred on December 2, 2024. Analysts emphasize that reviewing a company’s dividend history is essential in assessing the sustainability of future dividend payouts. Below is a long-term dividend history chart for NKE, which illustrates this trend.

Competitive Landscape

Nike operates within the Textiles & Apparel sector alongside companies such as Deckers Outdoor Corp. (DECK) and Tapestry Inc. (TPR). These competitors also face challenges and opportunities associated with social responsibility and financial performance similar to those that Nike navigates.

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• DGHI Average Annual Return
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.