Buy Nike: A Magnificent S&P 500 Dividend Stock Down 24%
Tuesday, 10 September 2024, 07:00
Why Nike is a Prime Buy Now
Nike's fiscal 2024 revenue reached $51.4 billion, reflecting a modest 1% year-over-year increase. Despite the dip in share price, Nike remains a strong choice among S&P 500 dividend stocks.
Competitive Performance
- Beat Adidas
- Outperforming Puma and Under Armour
- Maintained stability with Skechers and Deckers Outdoor
Investors looking for dividend security should consider this attractive entry point for Nike.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.