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

Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report) announced a quarterly dividend on Wednesday, May 8th, Zacks reports. Shareholders of record on Friday, May 31st will be paid a dividend of 0.06 per share on Wednesday, June 12th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date is Friday, May 31st.

Nu Skin Enterprises has raised its dividend by an average of 1.3% per year over the last three years and has raised its dividend every year for the last 23 years.

Nu Skin Enterprises Stock Performance

NUS traded up $0.46 during trading on Friday, reaching $13.24. 1,335,682 shares of the company's stock were exchanged, compared to its average volume of 738,721. The company has a market capitalization of $654.32 million, a P/E ratio of 71.73 and a beta of 1.13. The company has a quick ratio of 1.28, a current ratio of 2.13 and a debt-to-equity ratio of 0.58. The business has a 50 day moving average price of $12.66 and a 200 day moving average price of $15.87. Nu Skin Enterprises has a fifty-two week low of $11.73 and a fifty-two week high of $37.78.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last posted its earnings results on Wednesday, May 8th. The company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.05 by $0.04. The business had revenue of $417.31 million for the quarter, compared to analysts' expectations of $426.55 million. Nu Skin Enterprises had a net margin of 0.44% and a return on equity of 10.73%. The firm's revenue for the quarter was down 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.37 earnings per share. As a group, analysts predict that Nu Skin Enterprises will post 1.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

NUS has been the topic of several recent analyst reports. DA Davidson decreased their price target on Nu Skin Enterprises from $15.50 to $12.50 and set a "neutral" rating on the stock in a research note on Thursday. StockNews.com downgraded shares of Nu Skin Enterprises from a "buy" rating to a "hold" rating in a research note on Saturday, February 24th. Four analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $20.83.

Nu Skin Enterprises Company Profile

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.