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SMALL BUSINESS
Nike raises quarterly dividend to 27 cents
AP
BEAVERTON, Ore. -Nike Inc. on Thursday raised its quarterly dividend by 8 percent to 27 cents per share from 25 cents per share.
It will be paid Jan. 4 to shareholders of record as of Dec. 7.
Athletic shoes and apparel maker Nike is based in Beaverton, Ore. Its shares fell 86 cents to $63.56 on Thursday.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-11-19 18:40:52
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