Nu Skin Enterprises Supports Customers through Tough Times, Supporting Shareholders through Changes
Portfolio Pulse from Benzinga Insights
Nu Skin Enterprises (NYSE:NUS) is set to pay a dividend of $0.39 per share on December 6, 2023, with an annualized yield of 8.21%. Shareholders eligible for this dividend must have held the stock before the ex-dividend date of November 22, 2023. The company has shown a positive trend in dividend growth from $1.48 in 2019 to $1.54 in 2022. However, earnings per share have decreased from $3.44 in 2019 to $3.11 in 2022, indicating a decline in profitability. Nu Skin's dividend yield is moderate compared to industry peers, with Natural Health Trends (NASDAQ:NHTC) leading at 14.90% annualized yield.
December 06, 2023 | 3:05 pm
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NEUTRAL IMPACT
Natural Health Trends leads the industry with the highest annualized dividend yield at 14.90%, outpacing Nu Skin Enterprises.
Natural Health Trends is mentioned as an industry comparison point for dividend yields. The information provided does not indicate a direct impact on NHTC's stock price but serves as a benchmark for investors comparing dividend yields within the industry.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Nu Skin Enterprises is distributing a $0.39 per share dividend with an 8.21% yield, showing commitment to shareholder returns despite a decrease in earnings per share from 2019 to 2022.
While the dividend increase is a positive sign for shareholders, the decline in earnings per share may raise concerns about the sustainability of future dividends. The impact on the stock price is likely to be neutral in the short term as the market balances the positive dividend news with concerns over earnings.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100