Jerash Holdings (US), Inc. Declares Quarterly Dividend

Rhea-AI Summary

Jerash Holdings (NASDAQ:JRSH) has announced a regular quarterly dividend of $0.05 per share, effective on or about November 29, 2021. This dividend will be payable to stockholders of record by November 22, 2021. Jerash specializes in the manufacturing and exporting of custom sportswear and outerwear for renowned global brands, including Walmart and Costco. The company operates six factory units and four warehouses and employs around 5,500 people.

Positive

• Quarterly dividend of $0.05 per share approved.
• Dividend supports investor income and confidence.
• Strong operational foundation with six factory units.

Negative

• None.

FAIRFIELD, NJ / ACCESSWIRE / November 2, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which is 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 November 29, 2021 to stockholders of record as of November 22, 2021.

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 Walmart, Costco, New Balance, G-III (which owns brands such as Calvin Klein, Tommy Hilfiger, DKNY, and Guess), American Eagle, and VF Corporation (which owns brands such as The North Face, Timberland, and JanSport). 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.

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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/670590/Jerash-Holdings-US-Inc-Declares-Quarterly-Dividend

FAQ

What is the dividend amount announced by Jerash Holdings?

Jerash Holdings has announced a quarterly dividend of $0.05 per share.

When will the dividend for JRSH be paid?

The dividend is payable on or about November 29, 2021.

Who are the major clients of Jerash Holdings?

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

What date is the record for the dividend payment?

The record date for the dividend payment is November 22, 2021.

How many employees does Jerash Holdings have?

Jerash Holdings currently employs approximately 5,500 people.