Natural Health Trends Corp. (NHTC) Announces Dividend Increase – $0.12 Per Share
Natural Health Trends Corp. (NASDAQ:NHTC) announced a quarterly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, November 14th will be paid a dividend of 0.12 per share on Friday, November 24th. This represents a $0.48 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend is Monday, November 13th. This is a positive change from Natural Health Trends Corp.’s previous quarterly dividend of $0.11.
Natural Health Trends Corp. (NASDAQ:NHTC) last announced its quarterly earnings data on Wednesday, November 1st. The company reported $0.65 earnings per share (EPS) for the quarter. Natural Health Trends Corp. had a net margin of 21.42% and a return on equity of 62.56%. The firm had revenue of $40.13 million for the quarter.
An institutional investor recently raised its position in Natural Health Trends Corp. stock. The Manufacturers Life Insurance Company lifted its position in shares of Natural Health Trends Corp. (NASDAQ:NHTC) by 13.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,535 shares of the company’s stock after purchasing an additional 799 shares during the quarter. The Manufacturers Life Insurance Company owned 0.06% of Natural Health Trends Corp. worth $182,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 32.58% of the company’s stock.
Separately, BidaskClub cut shares of Natural Health Trends Corp. from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th.
Natural Health Trends Corp. Company Profile
Natural Health Trends Corp. is a direct-selling and e-commerce company. The Company, through its subsidiaries, sells personal care, wellness, and quality of life products under the NHT Global brand. The Company’s subsidiaries have presence in various markets, such as North America; Greater China, which consists of Hong Kong, Taiwan and China; South Korea; Singapore; Malaysia; Japan; and Europe.
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