Jerash Holdings (US), Inc. Declares Quarterly Dividend

Rhea-AI Summary

Jerash Holdings (NASDAQ:JRSH) has announced a quarterly dividend of $0.05 per share, payable around June 3, 2022, to shareholders on record by May 27, 2022. The company, a manufacturer of custom, ready-made sportswear and outerwear, supplies major global brands such as VF Corporation, New Balance, and Walmart. Jerash operates six factories and four warehouses, employing approximately 5,500 people.

Positive

• Quarterly dividend of $0.05 per share reflects company confidence and commitment to shareholders.

Negative

• None.

FAIRFIELD, NJ / ACCESSWIRE / May 16, 2022 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), a premium manufacturer and exporter of 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 $0.05 per share on the Company's common stock. The dividend is payable on or about June 3, 2022 to the stockholders of record as of May 27, 2022.

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 JanSport), New Balance, G-III (which owns brands such as Calvin Klein, Tommy Hilfiger, DKNY, and Guess), American Eagle, Walmart and Costco. Jerash's existing production facilities comprise six factory units and four warehouses, and Jerash currently employs approximately 5,500 people. Additional information is available at www.jerashholdings.com.

CONTACT:

PondelWilkinson Inc.
Judy Lin Sfetcu or Roger Pondel
310-279-5980
jsfetcu@pondel.com

SOURCE: Jerash Holdings (US), Inc.

View source version on accesswire.com:
https://www.accesswire.com/701487/Jerash-Holdings-US-Inc-Declares-Quarterly-Dividend

FAQ

What is the dividend amount declared by Jerash Holdings (JRSH)?

Jerash Holdings declared a quarterly dividend of $0.05 per share.

When will the dividend be paid to shareholders?

The dividend is payable on or about June 3, 2022.

What is the record date for the dividend payment by Jerash Holdings (JRSH)?

The record date for the dividend payment is May 27, 2022.

How often does Jerash Holdings (JRSH) pay dividends?

Jerash Holdings pays dividends quarterly.

What companies does Jerash Holdings (JRSH) manufacture for?

Jerash manufactures for leading brands such as VF Corporation, New Balance, and Walmart.