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

Key Points

• Nu Skin Enterprises, Inc. has declared a quarterly dividend of $0.06 per share, with the ex-dividend date set for August 29th and payments to be made on September 10th.
• The company reported $0.43 EPS for the quarter, outperforming expectations of $0.25, and achieved a revenue of $386.14 million against an anticipated $376.68 million.
• Nu Skin's stock price increased by 8.7%, reaching $8.91, with a market capitalization of approximately $440.27 million and a PE ratio of -11.14.

Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report) declared a quarterly dividend on Friday, August 8th, Wall Street Journal reports. Investors of record on Friday, August 29th will be given 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 payout ratio of 32.0% meaning 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 Up 8.7%

Shares of NYSE:NUS traded up $0.71 during trading on Friday, hitting $8.91. The company's stock had a trading volume of 1,141,599 shares, compared to its average volume of 652,074. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.29 and a current ratio of 2.02. Nu Skin Enterprises has a fifty-two week low of $5.32 and a fifty-two week high of $10.88. The stock's 50-day moving average price is $8.39 and its two-hundred day moving average price is $7.46. The company has a market capitalization of $440.27 million, a PE ratio of -11.14 and a beta of 0.91.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.25 by $0.18. Nu Skin Enterprises had a positive return on equity of 6.99% and a negative net margin of 2.30%. The business had revenue of $386.14 million for the quarter, compared to analysts' expectations of $376.68 million. As a group, sell-side analysts expect that Nu Skin Enterprises will post 1.05 EPS 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.