SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 17, 1995
NIKE, INC.
(Exact name of registrant as specified in its charter)
Oregon 1-10635 93-0584541
(State of incorporation) (Commission File (IRS Employer
Number) Identification No.)
One Bowerman Drive, Beaverton, Oregon 97005-6453
(Address of principal executive offices) (Zip Code)
(503) 671-6453
(Registrant's telephone number, including area code)
Item 5. OTHER EVENTS
The Registrant issued the following press releases on November 17,
1995:
BEAVERTON, OR (November 17, 1995) -- The Board of Directors of NIKE,
Inc. (NYSE:NKE) today declared a cash dividend of fifteen cents ($0.15)
per share on the Company's outstanding Class A and Class B Common Stock
payable January 3, 1996 to shareholders of record at the close of
business December 8, 1995. This is a 20 percent increase over the
previous quarterly rate of $0.125 per share.
"Following a year of strong earnings growth, this increase in the
dividend rate illustrates our confidence in the continuation of NIKE's
strong financial performance," said NIKE Chairman Philip H. Knight.
"This action is consistent with our policy of paying a dividend of 15
to 25 percent of trailing 12 month earnings."
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act
of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
NIKE, Inc.
(Registrant)
DATE: November 30, 1995
By /s/ Robert S. Falcone
Vice President and
Chief Financial Officer
