5 Worst Performing Dividend Stocks YTD

In this article, we discuss 5 worst performing dividend stocks year-to-date. If you want to read our detailed analysis of dividend stocks and their performance this year, go directly to read 15 Worst Performing Dividend Stocks YTD. 

5. Nu Skin Enterprises, Inc. (NYSE:NUS)

Year-to-Date Share Price Drop as of September 13: 46.1%

Nu Skin Enterprises, Inc. (NYSE:NUS) is a global direct-selling company that specializes in personal care products and dietary supplements. faced challenges from COVID-19 at the beginning and more recently from a difficult economic environment. This resulted in lower sales and a reduced outlook for 2023. NUS fell by 46.1% year-to-date, as of September 13, becoming one of the worst performing dividend stocks on our list.

The number of hedge funds tracked by Insider Monkey owning stakes in Nu Skin Enterprises, Inc. (NYSE:NUS) grew to 18 in Q2 2023, from 11 in the previous quarter. The overall value of these stakes is roughly $64.8 million. Among these hedge funds, Marshall Wace LLP was the company’s leading stakeholder in Q2.