Company: Nike Inc. (NKE)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon. -Morningstar.com-
Symbol: NKE
Recent Price: $72.80
Dividends: $1.48
Yield: 2.03%
Sector: Consumer Cyclical
Industry: Footware & Accessories
Address & Company Phone #: One Bowerman Dr. Beaverton OR 97005, 503-671-6453
Transfer Agent: Computershare 800-756-8200
Moody’s Rating: A1
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Every 5 days beginning varies
Shares to Qualify: 1 Share or $500
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Phone, Mail, Fax or Internet for $25+12¢/sh.
52 Week High & Low: $128.68, $88.66