Nu Skin Enterprises, Inc. (NYSE:NUS) to Issue $0.06 Quarterly Dividend

Nu Skin Enterprises, Inc. (NYSE:NUS) announced a quarterly dividend on Friday, August 8th, Wall Street Journal reports. Investors of record on Friday, August 29th will be paid a dividend of 0.06 per share on Wednesday, September 10th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, August 29th.

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 $1.08 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 22.2%.

Nu Skin Enterprises Stock Up 8.7%

Shares of NYSE:NUS opened at $8.91 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.29 and a current ratio of 2.02. The company has a market cap of $440.24 million, a PE ratio of 4.43 and a beta of 0.91. Nu Skin Enterprises has a 52 week low of $5.32 and a 52 week high of $10.88. The firm has a 50 day simple moving average of $8.40 and a 200 day simple moving average of $7.47.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.25 by $0.18. The business had revenue of $386.14 million during the quarter, compared to the consensus estimate of $376.68 million. Nu Skin Enterprises had a net margin of 6.20% and a return on equity of 8.48%. As a group, research analysts expect that Nu Skin Enterprises will post 1.05 earnings per share for the current year.

About Nu Skin Enterprises

Nu Skin Enterprises, Inc, together with its subsidiaries, engages in the development and distribution of various beauty and wellness products worldwide. It offers skin care devices, cosmetics, and other personal care products, including ageLOC LumiSpa and ageLOC LumiSpa iO; and nutricentials skin care products.