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Nu Skin: 25% Increase In Quarterly Dividend

The Nu Skin Board ups the quarterly cash dividend.

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By: Jamie Matusow

Editor-in-Chief

The board of directors at Nu Skin Enterprises, Inc. declared a 25% increase in the quarterly cash dividend to $0.20 per share, compared to the previous dividend of $0.16 per share. This dividend will be paid on March 14, 2012 to shareholders of record on Feb. 24, 2012.

“Based on our strong cash flow position, we are able to execute another double-digit increase to our annual dividend,” said Truman Hunt, president and chief executive officer. “This, together with our last increase in the third quarter of 2011 represents a nearly 50 percent dividend increase in the past six months, and marks the eleventh consecutive year of increases since we began paying a dividend in 2001. We remain committed to our dividend strategy which enhances shareholder value and proves to be an effective use of our cash.”

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