Jerash Holdings (US) Inc. (JRSH) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 6 years of historical data, JRSH has returned more capital to shareholders through its dividend issuances than merely 1.11% of other dividend-paying US stocks.
- As for stocks whose price is uncorrelated with JRSH's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: MRO, EMYB, GPC, CLRO and IBA.
JRSH Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $3.43 | $8.2 | 26.42% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of JRSH, the DDM model, as implemented by StockNews, implies a positive return of 26.42% relative to its current price. Digging deeper, the aspects of Jerash Holdings (US) Inc's dividend discount model that we found most interesting were:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Consumer Cyclical sector, the expected return of 26.42%, based on the stock's current share price and target price based on a dividend discount model, is greater than 84.21% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, JRSH has a discount rate lower than 84.21% of them (a lower discount rate is associated with lower risk).
- A stock's beta generally indicates its volatility relative to the broader equity market; for Jerash Holdings (US) Inc, its beta is lower than 85.6% of dividend issuing stocks we observed.
- In comparison to its fellow dividend issuing stocks in the Consumer Cyclical sector, JRSH's equity discount rate is less than 75.44% of those stocks.
JRSH Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-22 | Dividend | $0.05 | -- |
| 2024-08-16 | Dividend | $0.05 | -- |
| 2024-05-31 | Dividend | $0.05 | -- |
| 2024-02-15 | Dividend | $0.05 | -- |
| 2023-11-13 | Dividend | $0.05 | -- |
| 2023-08-15 | Dividend | $0.05 | -- |
| 2023-06-01 | Dividend | $0.05 | -- |
| 2023-02-13 | Dividend | $0.05 | -- |
| 2022-11-17 | Dividend | $0.05 | -- |
| 2022-08-16 | Dividend | $0.05 | -- |
| 2022-05-26 | Dividend | $0.05 | -- |
| 2022-02-14 | Dividend | $0.05 | -- |
| 2021-11-19 | Dividend | $0.05 | -- |
| 2021-08-16 | Dividend | $0.05 | -- |
| 2021-05-24 | Dividend | $0.05 | -- |
| 2021-02-12 | Dividend | $0.05 | -- |
| 2020-11-13 | Dividend | $0.05 | -- |
| 2020-08-14 | Dividend | $0.05 | -- |
| 2020-05-22 | Dividend | $0.05 | -- |
| 2020-02-18 | Dividend | $0.05 | -- |
| 2019-11-15 | Dividend | $0.05 | -- |
| 2019-08-08 | Dividend | $0.05 | -- |
| 2019-05-24 | Dividend | $0.05 | -- |
| 2019-02-15 | Dividend | $0.05 | -- |
| 2018-11-16 | Dividend | $0.05 | -- |
JRSH Dividends vs. Peers
JRSH's dividend yield currently ranks #76 of 91 vs. its peers in the Consumer Goods category.