Jerash Holdings (US) Inc Announces Special Dividend of $0.05 (JRSH)

Jerash Holdings (US) Inc (NASDAQ:JRSH) announced a special dividend on Friday, November 9th, Wall Street Journal reports. Stockholders of record on Monday, November 19th will be paid a dividend of 0.05 per share on Tuesday, November 27th. The ex-dividend date is Friday, November 16th.

Shares of NASDAQ:JRSH opened at $7.67 on Thursday. Jerash Holdings has a 1 year low of $4.77 and a 1 year high of $11.00.

Jerash Holdings (US) (NASDAQ:JRSH) last issued its quarterly earnings results on Thursday, November 8th. The company reported $0.56 earnings per share (EPS) for the quarter. The firm had revenue of $33.46 million for the quarter. Jerash Holdings (US) had a return on equity of 17.33% and a net margin of 6.84%.

In other news, Director Gary J. Haseley purchased 50,000 shares of the stock in a transaction dated Friday, September 14th. The shares were purchased at an average cost of $4.90 per share, with a total value of $245,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 43.00% of the company’s stock.

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About Jerash Holdings (US)

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.

Further Reading: Price to Earnings Ratio (PE) Basics

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