Nu Skin Enterprises, Inc. (NUS) Tuesday announced plans to increase its regularly scheduled dividend payments by 50 percent for 2013.
For the first quarter of 2013, the company expects to pay a dividend of $0.30 per share, up from 0.20 per share last year. This represents a dividend of $1.20 per share, on a yearly basis.
Nu Skin also said that it has appealed to the Supreme Court of Japan, relating to an ongoing customs case.
With respect to the lawsuit against the company, the Tokyo High Court had recently affirmed the lower court's decision to recover approximately $33 million in customs duties assessed against the company for the period of 2002 through 2005.
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