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

Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report) announced a quarterly dividend on Thursday, November 7th,Wall Street Journal reports. Investors of record on Friday, November 29th will be given a dividend of 0.06 per share on Wednesday, December 11th. This represents a $0.24 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date is Friday, November 29th.

Nu Skin Enterprises has raised its dividend by an average of 1.3% annually over the last three years. Nu Skin Enterprises has a payout ratio of 22.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Nu Skin Enterprises to earn $1.05 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 22.9%.

Nu Skin Enterprises Stock Performance

NUS traded up $0.10 on Friday, reaching $6.55. 991,684 shares of the stock were exchanged, compared to its average volume of 751,884. Nu Skin Enterprises has a fifty-two week low of $5.95 and a fifty-two week high of $20.75. The company's 50-day moving average price is $6.85 and its 200 day moving average price is $9.87. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.12 and a quick ratio of 1.33. The firm has a market capitalization of $325.54 million, a PE ratio of -2.20 and a beta of 1.14.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.04. Nu Skin Enterprises had a negative net margin of 8.05% and a positive return on equity of 7.80%. The firm had revenue of $439.10 million for the quarter, compared to the consensus estimate of $431.87 million. During the same period in the prior year, the firm posted $0.54 earnings per share. The firm's quarterly revenue was down 12.2% compared to the same quarter last year. As a group, sell-side analysts forecast that Nu Skin Enterprises will post 0.78 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NUS has been the topic of several research analyst reports. Citigroup dropped their price objective on Nu Skin Enterprises from $11.50 to $6.75 and set a "neutral" rating on the stock in a report on Tuesday, October 22nd. StockNews.com lowered Nu Skin Enterprises from a "buy" rating to a "hold" rating in a research report on Wednesday, October 23rd. Finally, DA Davidson reduced their price objective on Nu Skin Enterprises from $12.50 to $11.00 and set a "neutral" rating on the stock in a research report on Monday, August 12th.

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.