Jerash Holdings (US), Inc. (NASDAQ:JRSH) to Issue $0.05 Quarterly Dividend

Jerash Holdings (US), Inc. (NASDAQ:JRSH) announced a quarterly dividend on Friday, November 8th,Zacks Dividends reports. Investors of record on Friday, November 22nd will be paid a dividend of 0.05 per share on Friday, November 29th. This represents a $0.20 annualized dividend and a yield of 6.08%. The ex-dividend date of this dividend is Friday, November 22nd.

Jerash Holdings (US) has a dividend payout ratio of 90.9% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble.

Jerash Holdings (US) Stock Performance

NASDAQ JRSH opened at $3.29 on Thursday. The company has a fifty day moving average of $3.04 and a two-hundred day moving average of $3.01. Jerash Holdings has a 1 year low of $2.68 and a 1 year high of $3.46.

Jerash Holdings (US) (NASDAQ:JRSH) last issued its quarterly earnings data 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%.

Jerash Holdings (US) Company Profile

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.