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

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 paid a dividend of 0.05 per share on Tuesday, February 25th. This represents a $0.20 annualized dividend and a dividend yield of 5.81%. 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) Trading Up 0.1 %

JRSH stock opened at $3.45 on Friday. Jerash Holdings has a twelve month low of $2.68 and a twelve month high of $3.58. The stock has a market cap of $42.36 million, a P/E ratio of -11.88 and a beta of 0.87. The company’s 50 day moving average is $3.44 and its two-hundred day moving average is $3.17.

Jerash Holdings (US) (NASDAQ:JRSH) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.05 earnings per share for the quarter. The firm 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%.

About Jerash Holdings (US)

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.