Is NIKE, Inc. (NKE) the Most Reliable Dividend Stock to Buy According to Hedge Funds?

NIKE, Inc. (NKE) has long been a favorite among dividend investors, thanks to its consistent payouts and steady growth. But is it the most reliable dividend stock to buy according to hedge funds? Let's take a closer look at the data.

First, it's important to note that NKE has a strong track record of dividend growth. The company has increased its dividends for 23 consecutive years, with an average annualized growth rate of 11.80% over the past 10 years. This consistency is a key factor for many dividend investors, as it indicates a stable and reliable payout.

However, NKE's dividend yield of 2.04% is not the highest in its sector. In fact, it is only higher than 50% of companies in its sector, according to a percentile ranks table. This indicates that there may be other dividend stocks with higher yields available to investors.



But when it comes to dividend safety, NKE is hard to beat. The company has a long history of paying dividends and has consistently increased its payout for 23 consecutive years. Additionally, NKE's dividend payout ratio has been relatively stable over the past 13 years, with a median of 0.33. This indicates that the company is not overpaying its dividends and is able to maintain a strong financial position.

So, is NKE the most reliable dividend stock to buy according to hedge funds? While the company's dividend yield may not be the highest in its sector, its strong track record of dividend growth and safety make it a compelling option for dividend investors. Additionally, NKE's consistent payouts and steady growth have made it a favorite among hedge funds, which often look for stable and reliable income streams.

In conclusion, NKE is a solid choice for dividend investors looking for a reliable and consistent payout. While its dividend yield may not be the highest in its sector, its strong track record of growth and safety make it a compelling option for those seeking a stable income stream. As always, it's important to do your own research and consider your individual investment goals and risk tolerance before making any investment decisions.