Jerash Holdings (US), Inc. Declares Quarterly Dividend
Jerash Holdings (JRSH) has announced a quarterly dividend of $0.05 per share, payable on November 23, 2020, to stockholders of record by November 16, 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Jerash Holdings (JRSH) has announced a quarterly dividend of $0.05 per share, payable on November 23, 2020, to stockholders of record by November 16, 2020. The company, known for producing textile goods for major brands like Walmart and New Balance, operates four factories and employs around 4,100 people. The dividend payment reflects the company's financial health and commitment to returning value to its shareholders, enhancing investor confidence.
Positive
- Quarterly dividend of $0.05 per share announced.
- Dividend reflects the company's commitment to shareholders.
Negative
- None.
Details
News Market Reaction – JRSH
The recorded move for JRSH in the trading session of this news was -1.25%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAIRFIELD, NJ / ACCESSWIRE / November 2, 2020 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), a producer of high-quality textile goods for leading global brands, announced today that its board of directors approved the payment of a regular quarterly dividend of
About Jerash Holdings (US), Inc.
Jerash Holdings (US), Inc. (Nasdaq: JRSH) is a manufacturer utilized by many well-known brands and retailers, such as Walmart, Costco, Hanes, New Balance, G-III, VF Corporation (which owns brands such as The North Face, Timberland, JanSport, etc.), and PVH Corp. (which owns brands such as Calvin Klein, Tommy Hilfiger, IZOD, etc.). Its production facilities comprise four factory units, one workshop, and three warehouses and it currently employs approximately 4,100 people. Additional information is available at www.jerashholdings.com.
Contact:
Matt Kreps, Darrow Associates Investor Relations
(214) 597-8200
mkreps@darrowir.com
SOURCE: Jerash Holdings (US), Inc.
View source version on accesswire.com:
https://www.accesswire.com/613593/Jerash-Holdings-US-Inc-Declares-Quarterly-Dividend
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