Nu Skin Enterprises, Inc. Plans Quarterly Dividend of $0.06 (NYSE:NUS)

Nu Skin Enterprises, Inc. (NYSE:NUS) announced a quarterly dividend on Thursday, May 7th. Stockholders 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 Stock Down 4.0%

Shares of NYSE:NUS opened at $7.05 on Friday. The firm has a 50 day simple moving average of $7.48 and a 200-day simple moving average of $9.21. Nu Skin Enterprises has a twelve month low of $5.78 and a twelve 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 company has a market capitalization of $339.08 million, a PE ratio of 2.20 and a beta of 1.03.

Nu Skin Enterprises (NYSE:NUS) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). Nu Skin Enterprises had a return on equity of 8.14% and a net margin of 10.79%.The company had revenue of $320.61 million for the quarter, compared to analyst estimates of $329.70 million. On average, equities analysts predict that Nu Skin Enterprises will post 1 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Zacks Research upgraded Nu Skin Enterprises from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Nu Skin Enterprises in a research report on Thursday, January 22nd. Finally, Wall Street Zen downgraded Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Nu Skin Enterprises has a consensus rating of “Hold”.

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.