Dividend Changes to Know Now: Nike, Matthews International
Nike Inc. (NYSE:NKE): Nike announces 17% increase in quarterly dividend . The Nike board declared a quarterly cash dividend on the company’s outstanding Class A and Class B Common Stock of 21c per share, on a post-split basis, payable on December 26 to shareholders of record at the close of business on December 10. The dividend represents a 175 increase over the previous split-adjusted quarterly rate of 18c per share. This is the eleventh year in a row the Company has increased its annual dividend, over which time the dividend has increased by a factor of almost seven.
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Matthews International Corporation (NASDAQ:MATW): Matthews increases dividend 11% to 10c per share. The board declared, at its regularly scheduled meeting on November 15, a dividend of 10c per share on the company’s common stock for the quarter ended September 30 representing an increase of 11%. The dividend is payable December 10 to stockholders of record November 26.
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