Nu Skin Enterprises declares quarterly cash dividend of $0.16 per share

Nu Skin Enterprises, Inc. (NYSE: NUS) today announced that its board of directors has declared a19 percent increase in the quarterly cash dividend to $0.16 per share, compared to the previous dividend of $0.135 per share. This $0.10 per year increase begins in the third quarter and will be paid on Sept. 14, 2011, to shareholders of record as of Aug. 26, 2011.  

"We are pleased to be in a position where we can effectively use our strong cash position to increase our dividend and reward our shareholders," said Truman Hunt, president and chief executive officer. "Since we began paying a quarterly dividend in 2001, we have increased the amount approximately 220 percent, or nearly 14 percent on a compounded basis. The dividend increase is an effective use of our cash and represents our continued commitment to increasing shareholder value."