Free Trial

Gildan Activewear (GIL) Dividend Yield, Date & History

Gildan Activewear logo
C$69.04 -0.33 (-0.48%)
(As of 01:13 PM ET)

Gildan Activewear Dividend Summary

Dividend Yield
1.61%
Annual Dividend
C$1.11
Recent
Dividend Payment
Dec. 16
Dividend Payout Ratio
33.94%

Gildan Activewear (GIL) pays an annual dividend of C$1.11 per share, with a dividend yield of 1.61%. The next payment of C$0.21 per share was paid on Monday, December 16, to investors who owned the stock before the ex-dividend date of Thursday, November 21. The company currently pays out 33.94% of its earnings and 87.39% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

GIL Dividend Payments by Quarter

The chart below displays up to four years of Gildan Activewear's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

GIL Dividend Yield Over Time

The chart below tracks Gildan Activewear's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Gildan Activewear vs. The Competition

Compare Gildan Activewear's annual dividend, yield, and 3-year growth rate with averages for Cyclical and TSE companies to evaluate its performance against the market.

TypeGildan ActivewearCyclical CompaniesTSE Companies
Annual DividendC$1.11C$0.17C$1.05
Dividend Yield1.61%4.36%5.76%

Gildan Activewear Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings33.94%
Based on This Year's Estimate24.42%
Based on Cashflow87.39%

Gildan Activewear Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/21/2024Quarterly$0.2050-$0.0750
26.79%
1.22%11/21/202412/16/202412/16/2024
8/22/2024Quarterly$0.28+$0.0030
1.08%
1.43%8/22/20249/16/20249/16/2024
5/22/2024Quarterly$0.2770+$0.0020
0.73%
2.41%5/22/20246/17/20246/17/2024
3/12/2024Quarterly$0.2750+$0.0890
47.85%
2.32%3/12/20244/8/20244/8/2024
11/21/2023Quarterly$0.1860-$0.06
24.39%
1.64%11/21/202312/18/202312/18/2023
8/23/2023Quarterly$0.2460+$0.06
32.26%
2.44%8/23/20239/18/20239/18/2023
5/23/2023Quarterly$0.1860 - 1.88%5/23/20236/19/20236/19/2023
3/13/2023Quarterly$0.1860-$0.0440
19.13%
1.81%3/13/20234/10/20234/10/2023

This table shows Gildan Activewear's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Gildan Activewear Dividend - Frequently Asked Questions

The current dividend yield for Gildan Activewear is 1.61%. Learn more on GIL's dividend yield history.

The annual dividend for GIL shares is C$1.11. Learn more on GIL's annual dividend history.

Gildan Activewear pays quarterly dividends to shareholders.

Gildan Activewear's most recent quarterly dividend payment of C$0.21 per share was made to shareholders on Monday, December 16, 2024.

Gildan Activewear's most recent ex-dividend date was Thursday, November 21, 2024.

The most recent change in the company's dividend was a decrease of C$0.08 on Thursday, November 21, 2024.

The dividend payout ratio for GIL is:
  • 33.94% based on the trailing year of earnings
  • 24.42% based on this year's estimates
  • 87.39% based on cash flow

Gildan Activewear's dividend yield of 1.75% is lower than the average Consumer Cyclical company that issues a dividend. Gildan Activewear's dividend payout ratio of 33.94% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Gildan Activewear stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (TSE:GIL) was last updated on 12/18/2024 by MarketBeat.com Staff
From Our Partners