Nu Skin Enterprises, Inc. (NYSE:NUS – Get Free Report) announced a quarterly dividend on Thursday, May 7th. Investors of record on Friday, May 29th will be paid a dividend of 0.06 per share on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Friday, May 29th.
Nu Skin Enterprises has decreased its dividend payment by an average of 0.3%annually over the last three years. Nu Skin Enterprises has a dividend payout ratio of 32.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Nu Skin Enterprises to earn $1.31 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 18.3%.
Nu Skin Enterprises Trading Down 4.0%
Shares of NYSE NUS opened at $7.05 on Friday. The company has a market cap of $339.08 million, a price-to-earnings ratio of 2.20 and a beta of 1.03. Nu Skin Enterprises has a 12-month low of $5.78 and a 12-month high of $14.62. The company has a current ratio of 2.08, a quick ratio of 1.40 and a debt-to-equity ratio of 0.25. The stock’s 50 day simple moving average is $7.48 and its 200 day simple moving average is $9.21.
About Nu Skin Enterprises
Nu Skin Enterprises, Inc is a Utah-based direct selling company that develops and distributes personal care products and dietary supplements. Operating through a network marketing model, Nu Skin offers a portfolio of wellness, anti-aging skin care, hair care and nutritional products designed to support healthy living and appearance. The company leverages independent distributors to market its offerings directly to consumers across multiple channels, including online platforms and localized events.
Founded in 1984 by Blake M.
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