Jerash Holdings (US), Inc. (JRSH) to Issue Quarterly Dividend of $0.05 on February 25th

Jerash Holdings (US), Inc. (NASDAQ:JRSH) announced a quarterly dividend on Thursday, February 6th,Wall Street Journal reports. Stockholders 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 dividend yield of 5.35%. The ex-dividend date is Tuesday, February 18th.

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

Jerash Holdings (US) Trading Up 8.7 %

Jerash Holdings (US) stock opened at $3.74 on Friday. The stock has a fifty day moving average price of $3.44 and a 200 day moving average price of $3.17. Jerash Holdings has a 52 week low of $2.68 and a 52 week high of $3.74.

Jerash Holdings (US) (NASDAQ:JRSH) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.05 EPS for the quarter. Jerash Holdings (US) had a negative net margin of 2.73% and a negative return on equity of 5.48%. The company had revenue of $40.24 million during the quarter.

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.