NIKE INC 10-K form for the fiscal year ended 2018-05-31, page 48: 
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|  2 | NIKE, Inc. Consolidated Statements of Shareholders' Equity |


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|  2 |                                                                                   | Common Stock |    | Capital inExcessof StatedValue |    | AccumulatedOtherComprehensiveIncome |    | RetainedEarnings |       | Total |      |      |    |        |     |        |        |     |        |    |       |    |    |       |    |        |
|  3 |                                                                                   | Class A      |    | Class B                        |    |                                     |    |                  |       |       |      |      |    |        |     |        |        |     |        |    |       |    |    |       |    |        |
|  4 | (In millions, except per share data)                                              | Shares       |    | Amount                         |    | Shares                              |    | Amount           |       |       |      |      |    |        |     |        |        |     |        |    |       |    |    |       |    |        |
|  5 | Balance at May 31, 2015                                                           | 355          |    |                                | $  | -                                   |    |                  | 1,357 |       |      | $    | 3  |        |     | $      | 4,165  |     |        | $  | 1,246 |    | $  | 7,293 | $  | 12,707 |
|  6 | Stock options exercised                                                           |              |    |                                |    | 22                                  |    |                  |       |       | 680  |      |    |        |     |        |        | 680 |        |    |       |    |    |       |    |        |
|  7 | Conversion to Class B Common Stock                                                | (2           | )  |                                | -  |                                     |    | 2                |       |       | -    |      |    |        |     |        |        |     |        | -  |       |    |    |       |    |        |
|  8 | Repurchase of Class B Common Stock                                                |              |    |                                |    | (55                                 | )  |                  |       |       | (148 | )    |    |        |     | (3,090 | )      |     | (3,238 | )  |       |    |    |       |    |        |
|  9 | Dividends on common stock ($0.62 per share) and preferred stock ($0.10 per share) |              |    |                                |    |                                     |    |                  |       |       |      |      |    | (1,053 | )   |        | (1,053 | )   |        |    |       |    |    |       |    |        |
| 10 | Issuance of shares to employees, net of shares withheld for employee taxes        |              |    |                                |    | 3                                   |    |                  |       |       | 105  |      |    |        |     | (11    | )      |     | 94     |    |       |    |    |       |    |        |
| 11 | Stock-based compensation                                                          |              |    |                                |    |                                     |    |                  |       | 236   |      |      |    |        |     |        | 236    |     |        |    |       |    |    |       |    |        |
| 12 | Net income                                                                        |              |    |                                |    |                                     |    |                  |       |       |      |      |    | 3,760  |     |        | 3,760  |     |        |    |       |    |    |       |    |        |
| 13 | Other comprehensive income (loss)                                                 |              |    |                                |    |                                     |    |                  |       |       |      | (928 | )  |        |     |        | (928   | )   |        |    |       |    |    |       |    |        |
| 14 | Balance at May 31, 2016                                                           | 353          |    |                                | $  | -                                   |    |                  | 1,329 |       |      | $    | 3  |        |     | $      | 5,038  |     |        | $  | 318   |    | $  | 6,899 | $  | 12,258 |
| 15 | Stock options exercised                                                           |              |    |                                |    | 17                                  |    |                  |       |       | 525  |      |    |        |     |        |        | 525 |        |    |       |    |    |       |    |        |
| 16 | Conversion to Class B Common Stock                                                | (24          | )  |                                | -  |                                     |    | 24               |       |       | -    |      |    |        |     |        |        |     |        | -  |       |    |    |       |    |        |
| 17 | Repurchase of Class B Common Stock                                                |              |    |                                |    | (60                                 | )  |                  |       |       | (189 | )    |    |        |     | (3,060 | )      |     | (3,249 | )  |       |    |    |       |    |        |
| 18 | Dividends on common stock ($0.70 per share) and preferred stock ($0.10 per share) |              |    |                                |    |                                     |    |                  |       |       |      |      |    | (1,159 | )   |        | (1,159 | )   |        |    |       |    |    |       |    |        |
| 19 | Issuance of shares to employees, net of shares withheld for employee taxes        |              |    |                                |    | 4                                   |    |                  |       |       | 121  |      |    |        |     | (13    | )      |     | 108    |    |       |    |    |       |    |        |
| 20 | Stock-based compensation                                                          |              |    |                                |    |                                     |    |                  |       | 215   |      |      |    |        |     |        | 215    |     |        |    |       |    |    |       |    |        |
| 21 | Net income                                                                        |              |    |                                |    |                                     |    |                  |       |       |      |      |    | 4,240  |     |        | 4,240  |     |        |    |       |    |    |       |    |        |
| 22 | Other comprehensive income (loss)                                                 |              |    |                                |    |                                     |    |                  |       |       |      | (531 | )  |        |     |        | (531   | )   |        |    |       |    |    |       |    |        |
| 23 | Balance at May 31, 2017                                                           | 329          |    |                                | $  | -                                   |    |                  | 1,314 |       |      | $    | 3  |        |     | $      | 5,710  |     |        | $  | (213  | )  | $  | 6,907 | $  | 12,407 |
| 24 | Stock options exercised                                                           |              |    |                                |    | 24                                  |    |                  |       |       | 600  |      |    |        |     |        |        | 600 |        |    |       |    |    |       |    |        |
| 25 | Conversion to Class B Common Stock                                                | -            |    |                                | -  |                                     |    | -                |       |       | -    |      |    |        |     |        |        |     |        | -  |       |    |    |       |    |        |
| 26 | Repurchase of Class B Common Stock                                                |              |    |                                |    | (70                                 | )  |                  |       |       | (254 | )    |    |        |     | (4,013 | )      |     | (4,267 | )  |       |    |    |       |    |        |
| 27 | Dividends on common stock ($0.78 per share) and preferred stock ($0.10 per share) |              |    |                                |    |                                     |    |                  |       |       |      |      |    | (1,265 | )   |        | (1,265 | )   |        |    |       |    |    |       |    |        |
| 28 | Issuance of shares to employees, net of shares withheld for employee taxes        |              |    |                                |    | 4                                   |    |                  |       |       | 110  |      |    |        |     | (28    | )      |     | 82     |    |       |    |    |       |    |        |
| 29 | Stock-based compensation                                                          |              |    |                                |    |                                     |    |                  |       | 218   |      |      |    |        |     |        | 218    |     |        |    |       |    |    |       |    |        |
| 30 | Net income                                                                        |              |    |                                |    |                                     |    |                  |       |       |      |      |    | 1,933  |     |        | 1,933  |     |        |    |       |    |    |       |    |        |
| 31 | Other comprehensive income (loss)                                                 |              |    |                                |    |                                     |    |                  |       |       |      | 104  |    |        |     |        | 104    |     |        |    |       |    |    |       |    |        |
| 32 | Reclassifications to retained earnings in accordance with ASU 2018-02             |              |    |                                |    |                                     |    |                  |       |       |      | 17   |    |        | (17 | )      |        | -   |        |    |       |    |    |       |    |        |
| 33 | Balance at May 31, 2018                                                           | 329          |    |                                | $  | -                                   |    |                  | 1,272 |       |      | $    | 3  |        |     | $      | 6,384  |     |        | $  | (92   | )  | $  | 3,517 | $  | 9,812  |

The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement.

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Question: What is the percentage change in dividends paid on common and preferred stock for Nike Inc. from 2017 to 2018?
Answer: Dividends Paid on Common and Preferred Stock 2018: $1,265 million
Dividends Paid on Common and Preferred Stock 2017: $1,159 million

Formula:
Percentage Change in Dividends = ((Dividends 2018 - Dividends 2017) / Dividends 2017) × 100

Calculation:
Percentage Change = ((1,265 - 1,159) / 1,159) × 100
Percentage Change = (106 / 1,159) × 100 ≈ 9.14%

Answer:
Dividends paid on common and preferred stock increased by approximately 9.14% from 2017 to 2018. This reflects Nike's strategy to return more value to shareholders through a higher dividend payout, consistent with its commitment to shareholder returns.