Wednesday Is Your Last Chance To Buy Jerash Holdings (US) Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Wednesday is the last day for investors to buy Jerash Holdings (US) (NASDAQ:JRSH) shares to be eligible for the next dividend payout of 5 cents per share. The stock will go ex-dividend on Thursday, and the dividend will be paid out on June 9, 2023.
May 29, 2023 | 2:45 pm
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Jerash Holdings (US) (NASDAQ:JRSH) will pay a 5 cents per share dividend, with the stock going ex-dividend on Thursday. Investors must own shares by end of Wednesday to be eligible.
The news directly pertains to Jerash Holdings (US) (NASDAQ:JRSH) and its dividend payout. The short-term impact on the stock price is neutral, as the stock will likely open 5 cents lower on Thursday to reflect the dividend payout. This is a standard practice for stocks going ex-dividend and does not indicate a change in the company's fundamentals or outlook.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 100