Nu Skin Raises Quarterly Dividend 50%

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Nu Skin 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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The article Nu Skin Raises Quarterly Dividend 50% originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in Nu Skin. The Motley Fool has no position in Nu Skin. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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