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 on February 22, 2022, to stockholders of record as of February 15, 2022. This decision reflects the company's commitment to returning value to its shareholders. Jerash is a key manufacturer of custom sportswear and outerwear for renowned global brands, employing approximately 5,500 people across its facilities. The company collaborates with major retailers such as VF Corporation, New Balance, and Walmart, demonstrating its significant market presence.

Positive

• Quarterly dividend declared at $0.05 per share, indicating shareholder value.
• Strong partnerships with leading global brands enhance market credibility.
• Employment of approximately 5,500 people shows company stability.

Negative

• None.

FAIRFIELD, NJ / ACCESSWIRE / February 4, 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 February 22, 2022 to the stockholders of record as of February 15, 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/687240/Jerash-Holdings-US-Inc-Declares-Quarterly-Dividend

FAQ

What is the dividend amount for Jerash Holdings (JRSH)?

Jerash Holdings (JRSH) has declared a quarterly dividend of $0.05 per share.

When will the dividend for JRSH be paid?

The dividend for Jerash Holdings will be payable on February 22, 2022.

Who is eligible for the JRSH dividend payment?

Stockholders of record as of February 15, 2022, are eligible for the JRSH dividend payment.

How often does Jerash Holdings pay dividends?

Jerash Holdings pays dividends quarterly.

What are the implications of the dividend announcement for JRSH investors?

The dividend announcement indicates Jerash Holdings' commitment to providing returns to its investors, suggesting financial health.