Nu Skin to pay dividend
Source: Business Digest
"Nu Skin to pay stockholders
10 cent dividend per share
Nu Skin Enterprises said it will pay a quarterly dividend of 10 cents per share to stockholders of record as of Sept. 1. The dividend will be paid Sept. 20.
The announcement comes as the Provo-based maker of nutritional supplements and skin care products tries to overcome its lackluster financial performance.
For the quarter ended June 30, Nu Skin's revenue was $284.1 million, compared with $310.1 million for the prior-year period.
Net income and earnings per share for the quarter were $14.1 million and $0.20, respectively, compared with net income of $22.8 million and earnings per share of $0.32 for the same period in 2005.
Those numbers could improve now that Nu Skin has received a direct-selling license for mainland China, considered a lucrative market for cosmetics and other personal care products.
Nu Skin Enterprises is traded on the New York Stock Exchange under the symbol NUS."
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Nu Skin to pay dividend
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