Nu Skin Enterprises, Inc. (NYSE:NUS – Get Free Report) declared a quarterly dividend on Monday, August 10th. Shareholders of record on Friday, August 28th will be given a dividend of 0.06 per share on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Friday, August 28th.
Nu Skin Enterprises has decreased its dividend by an average of 0.3%per year over the last three years. Nu Skin Enterprises has a payout ratio of 32.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Nu Skin Enterprises to earn $1.16 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 20.7%.
Nu Skin Enterprises Stock Performance
Shares of NUS stock opened at $4.85 on Wednesday. The firm has a 50-day moving average of $5.08 and a 200-day moving average of $6.48. The company has a market cap of $236.05 million, a P/E ratio of -1.08 and a beta of 0.98. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.98 and a quick ratio of 1.24. Nu Skin Enterprises has a one year low of $4.49 and a one year high of $14.62.
Institutional Trading of Nu Skin Enterprises
Several hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC grew its position in shares of Nu Skin Enterprises by 107.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,048 shares of the company’s stock valued at $40,000 after acquiring an additional 2,614 shares during the period. Wexford Capital LP bought a new position in Nu Skin Enterprises during the third quarter valued at $40,000. Pinnacle Holdings LLC bought a new position in Nu Skin Enterprises during the second quarter valued at $48,000. Banque Cantonale Vaudoise purchased a new stake in Nu Skin Enterprises in the third quarter worth $57,000. Finally, Harvest Fund Management Co. Ltd increased its position in Nu Skin Enterprises by 271.4% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 6,770 shares of the company’s stock worth $65,000 after buying an additional 4,947 shares during the last quarter. Institutional investors own 82.84% of the company’s stock.
Nu Skin Enterprises Company Profile
Nu Skin Enterprises, Inc is a Utah-based direct selling company that develops and distributes personal care products and dietary supplements. Operating through a network marketing model, Nu Skin offers a portfolio of wellness, anti-aging skin care, hair care and nutritional products designed to support healthy living and appearance. The company leverages independent distributors to market its offerings directly to consumers across multiple channels, including online platforms and localized events.
Founded in 1984 by Blake M.
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