Jerash Holdings (US), Inc. Declares Quarterly Dividend
Jerash Holdings (US), a manufacturer and exporter of custom sportswear and outerwear for leading global brands, has announced a regular quarterly dividend.
Sentiment and the balance of points
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Rhea-AI Summary
Jerash Holdings (US), a manufacturer and exporter of custom sportswear and outerwear for leading global brands, has announced a regular quarterly dividend. The company's board of directors has approved a payment of $0.05 per share on its common stock. This dividend will be payable on or about August 23, 2024, to stockholders of record as of August 16, 2024. Jerash Holdings, traded on NASDAQ under the symbol JRSH, continues to demonstrate its commitment to returning value to shareholders through consistent dividend payments.
Positive
- Regular quarterly dividend of $0.05 per share approved
- Consistent dividend payments indicate financial stability
- Commitment to returning value to shareholders
Negative
- None.
Details
News Market Reaction – JRSH
The recorded move for JRSH in the trading session of this news was -1.48%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAIRFIELD, NJ / ACCESSWIRE / August 5, 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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