Nu Skin Enterprises, Inc. (NUS) To Go Ex-Dividend on February 24th

Nu Skin Enterprises, Inc. (NYSE:NUS) announced a quarterly dividend on Thursday, February 13th, Wall Street Journal reports. Investors 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 annualized dividend and a yield of 3.15%. The ex-dividend date of this dividend 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. 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 Price Performance

NUS opened at $7.61 on Friday. The stock’s 50 day moving average price is $6.88 and its 200 day moving average price is $7.37. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.82. Nu Skin Enterprises has a 12 month low of $5.95 and a 12 month high of $14.04.

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

Wall Street Analysts Forecast Growth

NUS has been the subject of a number of research reports. DA Davidson decreased their price target on Nu Skin Enterprises from $11.00 to $7.00 and set a “neutral” rating for the company in a research note on Friday, December 20th. StockNews.com lowered Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research note on Monday, February 17th.

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.