Published on 10 Feb 2024 on Simply Wall St. via Yahoo Finance

Why It Might Not Make Sense To Buy Jerash Holdings (US), Inc. (NASDAQ:JRSH) For Its Upcoming...

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Jerash Holdings (US), Inc. (NASDAQ:JRSH) is about to trade ex-dividend in the next 4 days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Therefore, if you purchase Jerash Holdings (US)'s shares on or after the 15th of February, you won't be eligible to receive the dividend, when it is paid on the 23rd of February.

The company's next dividend payment will be US$0.05 per share. Last year, in total, the company distributed US$0.20 to shareholders. Last year's total dividend payments show that Jerash Holdings (US) has a trailing yield of 6.3% on the current share price of US$3.19. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. As a result, readers should always check whether Jerash Holdings (US) has been able to grow its dividends, or if the dividend might be cut.

Check out our latest analysis for Jerash Holdings (US)