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