Nike's $0.28 Quarterly Dividend Means Phil Knight Will Receive $39.48 Million USD
Nike’s successes over sport and retail in the last quarter has presented a substantial kickback to
Nike’s successes over sport and retail in the last quarter has presented a substantial kickback to stockholders, especially one Nike CEO, Phil Knight. On Thursday, the Board of Directors declared that a quarterly cash dividend of $0.28 per share on outstanding Class A and Class B Common Stock would be issued. For Knight, Nike’s largest stockholder with 141 million shares, he’s expected to receive a tidy sum of approximately $39.48 million USD.
