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

Nu Skin Enterprises, Inc. (NYSE:NUS) announced a quarterly dividend on Thursday, February 13th, Wall Street Journal reports. Shareholders of record on Monday, February 24th will be given a dividend of 0.06 per share on Wednesday, March 5th. This represents a $0.24 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date is Monday, February 24th.

Nu Skin Enterprises has decreased its dividend by an average of 46.0% per year over the last three years. Nu Skin Enterprises has a dividend payout ratio of 22.2% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Down 1.5 %

NUS stock opened at $7.61 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.82 and a debt-to-equity ratio of 0.56. Nu Skin Enterprises has a one year low of $5.95 and a one year high of $14.04. The firm has a 50-day moving average of $6.88 and a two-hundred day moving average of $7.37.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.14. The business had revenue of $445.55 million during the quarter, compared to analyst estimates of $441.10 million. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. On average, research analysts expect that Nu Skin Enterprises will post 1.05 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. StockNews.com lowered shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Monday, February 17th. DA Davidson reduced their price target on shares of Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating for the company in a research report on Friday, December 20th.

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.