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Stock impact report

Nike Stock Could Join an Exclusive Club. What to Know About the 'Dividend Aristocrats' [Yahoo! Finance]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: Yahoo! Finance
In order to become a dividend aristocrat, companies must raise their dividend annually for 25 or more years straight. Nike's stock could be set to join an exclusive club. If the sports apparel giant raises its dividend again this year—as it's widely expected to—the stock will join what's known as the dividend aristocrats , a subset of S&P 500 companies that have raised their dividends annually for at least 25 years in a row. That reliability then makes them more attractive to investors who are seeking income as well as gains. Currently, there are 69 dividend aristocrats. Three companies—Erie Indemnity ( ERIE ), Eversource Energy ( ES ), and FactSet Research System ( FDS )—are among the newest entrants, having joined the group's ranks last year. Becoming one of the dividend aristocrats, which have a reputation for steadily rewarding their investors over the longer term, could help raise the appeal of Nike's stock by enhancing its perceived quality and reliability. Exchange-tra Show less Read more
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