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

Jerash Holdings (US), Inc. (NASDAQ:JRSHGet Free Report) announced a quarterly dividend on Tuesday, May 21st, Wall Street Journal reports. Investors of record on Friday, May 31st will be given a dividend of 0.05 per share on Friday, June 7th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 6.62%. The ex-dividend date is Friday, May 31st.

Jerash Holdings (US) has a payout ratio of 64.5% indicating that its dividend is sufficiently covered by earnings.

Jerash Holdings (US) Stock Down 0.7 %

NASDAQ:JRSH opened at $3.02 on Thursday. The firm’s 50 day moving average is $3.06 and its 200 day moving average is $3.02. Jerash Holdings has a 12 month low of $2.77 and a 12 month high of $4.41.

Jerash Holdings (US) Company Profile

(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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