Nu Skin Raises Quarterly Dividend 50%

The consumer products company lifts its payout to $0.30.

Eric Volkman
Eric Volkman
Feb 13, 2013 at 10:51AM
Consumer Goods

Nu Skin (NYSE:NUS) has declared its first quarterly dividend of 2013. The company is to pay a disbursement $0.30 per share on March 13 to stockholders of record as of Feb. 22. That amount is 50% higher than the $0.20 the firm paid in all four quarters of 2012. Prior to that, it had distributed $0.16 per share.

At an annualized rate, the new dividend yields 2.5% on Nu Skin's current share price of $41.79. The stock is at the lower end of its 52-week range at the moment; it has traded between $32.36 and $62.02 over that time. 

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