Jerash Holdings (US), Inc. (NASDAQ:JRSH – Get Free Report) declared a quarterly dividend on Wednesday, February 5th,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.05 per share on Tuesday, February 25th. This represents a $0.20 annualized dividend and a yield of 5.28%. The ex-dividend date of this dividend is Tuesday, February 18th.
Jerash Holdings (US) has a payout ratio of 45.5% indicating that its dividend is sufficiently covered by earnings.
Jerash Holdings (US) Stock Down 0.5 %
JRSH opened at $3.79 on Friday. Jerash Holdings has a 52 week low of $2.68 and a 52 week high of $4.17. The business’s 50 day moving average is $3.47 and its two-hundred day moving average is $3.20.
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.
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