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

Jerash Holdings (US), Inc. (NASDAQ:JRSH) announced a quarterly dividend on Thursday, February 6th,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 5.81%. The ex-dividend date of this dividend is Tuesday, February 18th.

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

Jerash Holdings (US) Price Performance

JRSH stock opened at $3.45 on Friday. The firm has a 50-day moving average of $3.44 and a 200 day moving average of $3.17. The company has a market cap of $42.36 million, a P/E ratio of -11.88 and a beta of 0.87. Jerash Holdings has a 1 year low of $2.68 and a 1 year high of $3.58.

Jerash Holdings (US) (NASDAQ:JRSH) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.05 earnings per share (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 for 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.