Jerash Holdings (US), Inc. (NASDAQ:JRSH) will begin trading ex-dividend on November 13, 2020. The quarterly dividend payment of $ 0.05 per share is scheduled to be paid on November 23, 2020. The dividend yield based on the latest trading day closing price was 3.84 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 13, 2020.
Dividends History
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Jerash Holdings (US), Inc. recently reported first quarter financial results on August 13, 2020, before market open, the New York based company announced income for the first quarter of $ 0.07 per share, from the revenue of $ 18.71 million. The quarterly earnings reduced 77.42 percent compared with the same quarter last year. Street analysts expected Jerash Holdings (US), Inc. recently reported first quarter financial results on August 13, 2020, before market open, the New York based company to report income of $ 0.10 per share on revenue of $ 25.50 million for the first quarter. The bottom line results missed street analysts by $ 0.03 or 30 percent, at the same time, top line results fell short of analysts by $ 6.79 million or 26.63 percent.
Stock Performance
Shares of Jerash Holdings (US), Inc. traded up $ 0.22 or 4.41 percent on Wednesday, reaching $ 5.21 with volume of 19.40 thousand shares. Jerash Holdings (US), Inc. has traded high as $ 5.39 and has cracked $ 5.06 on the downward trend
The closing price of $ 5.21, representing a 38.61 % increase from the 52 week low of $ 3.60 and a 30.21 % decrease over the 52 week high of $ 7.15.
The company has a market capital of $ 59.00 million and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.
Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized and ready-made sports and outerwear. The company offers jackets, polo shirts, crew neck shirts, pants, and shorts made from knitted fabric. It serves various brand-name retailers in the United States, Jordan, and internationally.
