Jun. 22 at 10:00 AM
$NKE @NewAge69 You’re getting yourself confused. The 106% payout ratio isn’t based on one single quarter it’s calculated over the full twelve months. Earnings go up and down every quarter while the dividend stays steady at 41p. In weaker quarters it can look like the dividend is bigger than that quarter’s earnings, but over the whole year it’s only about 6% over. Nike has over
$8BILLION in cash to cover any short-term gaps. Try to look at the full picture next time, its important to be correct.