Nu Skin Enterprises, Inc. (NUS) to Issue Quarterly Dividend of $0.06 on September 9th

Nu Skin Enterprises, Inc. (NYSE:NUS) announced a quarterly dividend on Monday, August 10th. Investors of record on Friday, August 28th will be paid a dividend of 0.06 per share on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Friday, August 28th.

Nu Skin Enterprises has decreased its dividend by an average of 0.3%per year over the last three years. Nu Skin Enterprises has a dividend payout ratio of 32.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Nu Skin Enterprises to earn $1.32 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 18.2%.

Nu Skin Enterprises Price Performance

NYSE:NUS opened at $4.83 on Wednesday. Nu Skin Enterprises has a 52-week low of $4.49 and a 52-week high of $14.62. The stock has a fifty day moving average of $5.20 and a 200 day moving average of $6.89. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.34 and a current ratio of 2.03. The firm has a market capitalization of $234.25 million, a price-to-earnings ratio of -1.08 and a beta of 0.98.

Nu Skin Enterprises (NYSE:NUS) last announced its earnings results on Sunday, August 9th. The company reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. Nu Skin Enterprises had a positive return on equity of 6.05% and a negative net margin of 15.73%.The business had revenue of $320.11 million for the quarter, compared to analyst estimates of $345.20 million. On average, research analysts expect that Nu Skin Enterprises will post 1 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Wexford Capital LP bought a new stake in Nu Skin Enterprises during the third quarter worth about $40,000. Banque Cantonale Vaudoise bought a new position in shares of Nu Skin Enterprises during the 3rd quarter valued at about $57,000. Tower Research Capital LLC TRC increased its position in shares of Nu Skin Enterprises by 107.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,048 shares of the company’s stock valued at $40,000 after purchasing an additional 2,614 shares during the last quarter. Harvest Fund Management Co. Ltd increased its position in shares of Nu Skin Enterprises by 271.4% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 6,770 shares of the company’s stock valued at $65,000 after purchasing an additional 4,947 shares during the last quarter. Finally, Quadrant Capital Group LLC purchased a new position in shares of Nu Skin Enterprises during the 3rd quarter valued at about $85,000. Institutional investors own 82.84% of the company’s stock.

Nu Skin Enterprises Company Profile

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.