NIKE, Inc. Increases Quarterly Dividend 15% to $.31

NIKE, Inc. NKE announced today that its Board of Directors has declared a quarterly cash dividend of $0.31 per share on the company's outstanding Class A and Class B Common Stock. The $0.31 quarterly dividend, which is payable on December 30, 2010 to shareholders of record at the close of business on December 6, 2010, represents a 15 percent increase over the previous quarterly rate of $0.27 per share.