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FAIRFIELD, NEW JERSEY - Jerash Holdings (US), Inc. (NASDAQ:JRSH), a manufacturer and exporter of custom sportswear and outerwear for global brands, announced Friday that its board of directors has approved a regular quarterly dividend of $0.05 per share on the company’s common stock. The dividend represents an attractive 6.19% annual yield at the current share price of $3.23.
The dividend will be payable on or about November 26, 2025, to stockholders of record as of November 19, 2025, according to a company press release. InvestingPro data shows Jerash has maintained dividend payments for 8 consecutive years, demonstrating a consistent commitment to shareholder returns.
Jerash manufactures apparel for several major brands including VF Corporation, which owns The North Face, Timberland, and Vans, as well as New Balance, G-III, Acushnet Holdings Corp, American Eagle, and Skechers.
The company operates six factory units and four warehouses in Jordan, employing approximately 6,000 people.
In other recent news, Jerash Holdings reported its first-quarter fiscal 2026 earnings, revealing a notable shortfall in earnings per share (EPS) compared to analyst expectations. The company posted an EPS of $0.03, falling short of the anticipated $0.09. Additionally, Jerash Holdings reported revenues of $39.6 million, slightly below the forecasted $40.4 million. Despite these figures, DA Davidson has reiterated its Buy rating for the company, maintaining a price target of $4.00. The firm attributes this positive outlook to Jerash Holdings’ strong performance in revenue and gross profit during the same quarter. DA Davidson highlights increased demand for the company’s cost-effective manufacturing services as a key factor in its outperformance. These developments reflect ongoing investor interest and optimism in Jerash Holdings’ operational capabilities and future potential.
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