As a result of the company's record performance for the second quarter and first six months of 1988, the board of directors of Nature's Sunshine Products Inc. in Spanish Fork has declared a 10 cents per common share cash divid-end payable Aug. 26 to share-owners of record Aug. 19.
Prior to this dividend, the company had issued a 10 percent stock dividend for each of the past four quarters."This action reflects our optimism for future growth and is a way of saying `thanks' to our shareowners' confidence in our company," said Kerry O. Asay, president of Nature's Sunshine.
The company has approximately 2.67 million shares outstanding with 5 million authorized shares.
Nature's Sunshine Products Inc. is the nation's largest manufacturer and marketer of encapsulated-herb products and other herb-based health supplements. The company produces more than 350 different products, which are sold through more than 37,000 distributors in all 50 states and 11 foreign countries.