Jerash Holdings (US), Inc. Declares Quarterly Dividend of $0.05 (NASDAQ:JRSH)

Jerash Holdings (US), Inc. (NASDAQ:JRSHGet Free Report) declared a quarterly dividend on Thursday, February 6th,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.05 per share on Tuesday, February 25th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.35%. The ex-dividend date is Tuesday, February 18th.

Jerash Holdings (US) has a dividend payout ratio of 45.5% meaning its dividend is sufficiently covered by earnings.

Jerash Holdings (US) Stock Up 8.7 %

Shares of Jerash Holdings (US) stock opened at $3.74 on Friday. Jerash Holdings has a twelve month low of $2.68 and a twelve month high of $3.74. The company has a fifty day moving average price of $3.44 and a 200 day moving average price of $3.17.

Jerash Holdings (US) (NASDAQ:JRSHGet Free Report) last issued its earnings results on Tuesday, November 12th. The company reported $0.05 earnings per share for the quarter. The company had revenue of $40.24 million during the quarter. Jerash Holdings (US) had a negative return on equity of 5.48% and a negative net margin of 2.73%.

About Jerash Holdings (US)

(Get Free Report)

Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sport and outerwear. The company offers t-shirts; jackets and pullover; pants and shorts; crew neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Hong Kong, Jordan, and internationally.

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Dividend History for Jerash Holdings (US) (NASDAQ:JRSH)

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