Jerash Holdings (US), Inc. Declares Quarterly Dividend
Rhea-AI Summary
Jerash Holdings (Nasdaq: JRSH), a manufacturer and exporter of custom sportswear and outerwear for global brands, has announced a regular quarterly dividend of $0.05 per share on its common stock. The dividend will be paid on or about November 29, 2024, to stockholders of record as of November 22, 2024.
Positive
- Maintains consistent dividend payment of $0.05 per share, indicating financial stability
- Continues to provide regular shareholder returns through quarterly dividends
Negative
- None.
News Market Reaction – JRSH
On the day this news was published, JRSH gained 1.00%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
FAIRFIELD, NJ / ACCESSWIRE / November 8, 2024 / Jerash Holdings (US), Inc. (Nasdaq:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sportswear and outerwear 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. manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands and retailers, including VF Corporation (which owns brands such as The North Face, Timberland, and Vans), New Balance, G-III (which licenses brands such as Calvin Klein, Tommy Hilfiger, DKNY, and Guess), American Eagle, and Skechers. Jerash's existing production facilities comprise six factory units and four warehouses, and Jerash currently employs approximately 5,000 people. Additional information is available at www.jerashholdings.com.
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Contact:
PondelWilkinson Inc.
Judy Lin or Roger Pondel
310-279-5980
jlin@pondel.com
SOURCE: Jerash Holdings (US), Inc.
View the original press release on accesswire.com
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