Jerash Holdings (US), Inc. (JRSH) To Go Ex-Dividend on May 14th

Jerash Holdings (US), Inc. (NASDAQ:JRSH) declared a quarterly dividend on Monday, May 4th. Shareholders of record on Thursday, May 14th will be given a dividend of 0.05 per share on Thursday, May 21st. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Thursday, May 14th.

Jerash Holdings (US) has decreased its dividend by an average of 0.0%per year over the last three years. Jerash Holdings (US) has a dividend payout ratio of 42.6% meaning its dividend is sufficiently covered by earnings.

Jerash Holdings (US) Stock Down 0.3%

JRSH stock opened at $3.35 on Tuesday. Jerash Holdings has a twelve month low of $2.85 and a twelve month high of $3.60. The stock has a market capitalization of $42.55 million, a price-to-earnings ratio of 22.33 and a beta of 1.13. The firm’s fifty day simple moving average is $3.15 and its two-hundred day simple moving average is $3.15.

Jerash Holdings (US) (NASDAQ:JRSH) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.04. The business had revenue of $41.77 million for the quarter, compared to analysts’ expectations of $42.30 million. Jerash Holdings (US) had a net margin of 1.18% and a return on equity of 2.86%.

Jerash Holdings (US) Company Profile

Jerash Holdings (NASDAQ:JRSH) is a global designer, manufacturer and marketer of intimate apparel, sportswear and swimwear. Founded in 1994 in the Jerash special economic zone of Jordan, the company has built a vertically integrated production model that spans product design, raw material sourcing, fabric printing, sewing and finishing. By controlling each stage of the manufacturing process, Jerash maintains strict quality standards and achieves competitive lead times for its apparel collections.

Operating state-of-the-art facilities in Jordan with a workforce of more than 10,000 employees, Jerash produces both proprietary brands and private-label merchandise for major retailers.