On August 23, 2023, Jerash Holdings (US) JRSH will distribute a dividend payout of $0.05 per share, equating to an annualized dividend yield of 5.19%. Shareholders who owned the stock before the ex-dividend date on August 15, 2023 will receive this payout.
Jerash Holdings (US) Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-15 | 4 | $0.05 | 5.19% | 2023-08-04 | 2023-08-16 | 2023-08-23 |
| 2023-06-01 | 4 | $0.05 | 4.51% | 2023-05-23 | 2023-06-02 | 2023-06-09 |
| 2023-02-13 | 4 | $0.05 | 4.6% | 2023-02-03 | 2023-02-14 | 2023-02-21 |
| 2022-11-17 | 4 | $0.05 | 4.84% | 2022-11-04 | 2022-11-18 | 2022-11-28 |
| 2022-08-16 | 4 | $0.05 | 3.57% | 2022-08-05 | 2022-08-17 | 2022-08-24 |
| 2022-05-26 | 4 | $0.05 | 3.41% | 2022-05-16 | 2022-05-27 | 2022-06-03 |
| 2022-02-14 | 4 | $0.05 | 3.25% | 2022-02-04 | 2022-02-15 | 2022-02-22 |
| 2021-11-19 | 4 | $0.05 | 2.95% | 2021-11-02 | 2021-11-22 | 2021-11-29 |
| 2021-08-16 | 4 | $0.05 | 2.55% | 2021-08-05 | 2021-08-17 | 2021-08-24 |
| 2021-05-24 | 4 | $0.05 | 3.03% | 2021-05-14 | 2021-05-25 | 2021-06-02 |
| 2021-02-12 | 4 | $0.05 | 3.51% | 2021-02-05 | 2021-02-16 | 2021-02-23 |
| 2020-11-13 | 4 | $0.05 | 4.18% | 2020-11-02 | 2020-11-16 | 2020-11-23 |
Jerash Holdings (US)'s dividend yield falls in the middle range when compared to its industry peers, with Superior Gr of Cos SGC having the highest annualized dividend yield at 6.90%.
Analyzing Jerash Holdings (US) Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company has consistently maintained a dividend per share of $0.20 from 2019 to 2022. This unwavering dividend policy instills confidence in investors, as they can rely on a consistent income stream from the company's dividends.
YoY Earnings Growth For Jerash Holdings (US)
From 2019 to 2022, Jerash Holdings (US) experienced a decrease in earnings per share, dropping from $0.52 to $0.40. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.
Recap
In this article, we explore the recent dividend payout of Jerash Holdings (US) and its significance for shareholders. The company has decided to distribute a dividend of $0.05 per share today, which equates to an annualized dividend yield of 5.19%.
Jerash Holdings (US)'s dividend yield falls in the middle range when compared to its industry peers, with Superior Gr of Cos having the highest annualized dividend yield at 6.90%.
The unaltered dividend per share during 2019 to 2022 does not overshadow the decreasing earnings per share for Jerash Holdings (US). This downward trend raises concerns about the company's financial stability and its ability to sustain the distribution of profits to shareholders.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
[Track real-time stock fluctuations for Jerash Holdings (US) on Benzinga.](https://www.benzinga.com/quote/Jerash Holdings (US) JRSH)
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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