Estimated read time: 3-4 minutes
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
[STK] NYSE:NUS
[IN] REA FAS HEA SPM
[SU]
TO BUSINESS EDITORS:
Nu Skin Enterprises Announces Dividend Increase
PROVO, Utah, March 3, 2014 /PRNewswire/ -- Nu Skin Enterprises, Inc.
(NYSE: NUS) today announced its board of directors has declared a 15
percent increase in its quarterly cash dividend to $0.345 per share,
compared to the previous dividend of $0.30 per share. The dividend
will be paid on March 26, 2014 to stockholders of record on March 14,
2014. The increase would move the company's annual dividend to $1.38
per share, subject to regular quarterly determination by the Board of
Directors, compared to $1.20 per share for 2013.
"We have generated record results for the past several years and
remain committed to returning capital to shareholders," said Truman
Hunt, president and chief executive officer.
About Nu Skin Enterprises, Inc.
Nu Skin Enterprises, Inc. demonstrates its tradition of innovation
through its comprehensive anti-aging product portfolio, independent
business opportunity and corporate social responsibility initiatives.
The company's scientific leadership in both skin care and nutrition
has established Nu Skin as a premier anti-aging company. The company's
anti-aging portfolio features the new ageLOC line of products
including the ageLOC@ TR90T weight management and body shaping system,
ageLOC@ R2 nutritional supplement, and ageLOC@ Transformation daily
skin care system. A global direct selling company, Nu Skin operates in
53 markets worldwide and is traded on the New York Stock Exchange
under the symbol 'NUS'. More information is available at
Please Note : This press release contains forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended that represent the company's current expectations and beliefs.
All statements other than statements of historical fact are
"forward-looking statements" for purposes of federal and state
securities laws and include, but are not limited to, statements
regarding the company's current expectations regarding the amount and
timing of future dividend payments. In some cases, you can identify
these statements by forward-looking words such as "believe," "expect,"
"project," "anticipate," "estimate," "intend," "plan," "targets,"
"likely," "will," "would," "could," "may," "might," the negative of
these words and other similar words.
The forward-looking statements and related assumptions involve risks
and uncertainties that could cause actual results and outcomes to
differ materially from any forward-looking statements or views
expressed herein. These risks and uncertainties include, but are not
limited to, the risk that any negative changes in the company's net
earnings, financial condition, cash requirements, future prospects or
other factors deemed relevant by the company's board of directors
could cause the company to reduce or discontinue the payment of
currently planned quarterly dividends. The company's financial
performance and the forward-looking statements contained herein are
further qualified by a detailed discussion of associated risks set
forth in the documents filed by the company with the Securities and
Exchange Commission. The forward-looking statements set forth the
company's beliefs as of the date that such information was first
provided and the company assumes no duty to update the forward-looking
statements to reflect any change except as required by law.
SOURCE Nu Skin Enterprises, Inc.
-0- 03/03/2014
/CONTACT: Investors - Scott Pond +1-801-345-2657, spond@nuskin.com, OR Media - Kara Schneck +1-801-345-2116, kschneck@nuskin.com
/Web Site: http://www.nuskin.com
(NYSE:NUS) /
CO: Nu Skin Enterprises, Inc.
ST: Utah
IN: REA FAS HEA SPM
PRN
-- LA75188 --
0000 03/03/2014 12:31:00 EDT http://www.prnewswire.com
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.