Gildan Activewear Stock

Gildan Activewear Dividend 2024

Gildan Activewear Dividend

0.74 USD

Gildan Activewear Dividend yield

1.51 %

Ticker

GIL.TO

ISIN

CA3759161035

WKN

915121

How much dividend does Gildan Activewear 2024 pay?

According to the latest status from November 2024, Gildan Activewear paid a total of 0.74 USD per share in dividends within the last 12 months. With the current Gildan Activewear price of 49.27 USD, this corresponds to a dividend yield of 1.51 %. A dividend is paid times per year.

1.51 % Dividend Yield=
0.74 USD Dividend
49.27 USD Stock Price

Historical Gildan Activewear Dividends

A dividend is paid times per year. Last year, the payout months were April, June, September and December.

PaydateDividend
12/21/20240.21
9/22/20240.21
6/22/20240.21
4/12/20240.21
12/21/20230.19
9/23/20230.19
6/23/20230.19
4/13/20230.19
12/22/20220.17
9/24/20220.17
6/25/20220.17
4/16/20220.17
12/23/20210.15
9/25/20210.15
6/26/20210.15
4/11/20200.15
12/13/20190.13
9/14/20190.13
6/15/20190.13
4/6/20190.13
1
2
3

Gildan Activewear dividend history and estimates

In 2023, Gildan Activewear paid a dividend amounting to 0.74 USD. Dividend means that Gildan Activewear distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Gildan Activewear provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Gildan Activewear’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Gildan Activewear's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Gildan Activewear Dividend History

DateGildan Activewear Dividend
2029e0.91 undefined
2028e0.91 undefined
2027e0.91 undefined
2026e0.91 undefined
2025e0.91 undefined
2024e0.91 undefined
20230.74 undefined
20220.68 undefined
20210.46 undefined
20200.15 undefined
20190.54 undefined
20180.45 undefined
20170.37 undefined
20160.31 undefined
20150.26 undefined
20140.23 undefined
20130.19 undefined
20120.16 undefined
20110.15 undefined

Is the Gildan Activewear Dividend Safe?

Gildan Activewear has been increasing the dividend for 3 years.

Over the past 10 years, Gildan Activewear has increased it by an annual 14.686 %.

Over a five-year period, the distribution increased by 10.677%.

Analysts expect a Dividend Increase of 10.704% for the current fiscal year.

Gildan Activewear dividend payout ratio

In 2023, Gildan Activewear had a payout ratio of 26.76%. The payout ratio indicates the percentage of the company's profits that Gildan Activewear distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Gildan Activewear represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Gildan Activewear could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Gildan Activewear's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Gildan Activewear Payout Ratio History

DateGildan Activewear Payout ratio
2029e23.63 %
2028e23.67 %
2027e23.16 %
2026e24.06 %
2025e23.8 %
2024e21.61 %
202326.76 %
202223.03 %
202115.03 %
2020-13.51 %
201942.2 %
201826.99 %
201723.23 %
201621.22 %
201520.8 %
201423.4 %
201312.95 %
20126.03 %
201112.3 %
201026.76 %
200926.76 %
200826.76 %
200726.76 %
200626.76 %
200526.76 %
200426.76 %

Dividend Details

Understanding Gildan Activewear's Dividend Distributions

Gildan Activewear’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Gildan Activewear's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Gildan Activewear's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Gildan Activewear’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Gildan Activewear Aktienanalyse

What does Gildan Activewear do?

Gildan Activewear Inc is a leading international manufacturer of sportswear, specifically T-shirts, sweatshirts, polo shirts, and masks. The Canadian company is now globally recognized for its high-quality and affordable products and has established itself in over 55 countries worldwide. Gildan was founded in 1984 by Glenn and Greg Chamandy and has since experienced continuous growth, both through organic growth and various acquisitions. In 2000, the company went public and has since continuously evolved and expanded its product range. Currently, Gildan is the largest T-shirt producer in the world. The secret to Gildan's success is its business model of "vertical integration." This means that the company handles all stages of production in-house, from raw material sourcing to production to logistics. This allows Gildan to control the entire manufacturing process and optimize its coordination. It also enables the company to offer its products excellently at a competitive price-performance ratio. Gildan specializes in different sectors, which can be divided into the categories of "Basics," "Sport," and "Own Brands." In the "Basics" category, the company offers products suitable for daily use, such as T-shirts and sweatshirts. These products are available in various shapes and colors and target all customer segments. They are particularly attractive to companies looking to outfit their employees with uniform clothing. The "Sport" segment represents a wide range of sportswear suitable for various sports. Here, Gildan offers specially designed functional clothing that meets the needs of different sports. As a result, the products are breathable, quick-drying, and comfortable to wear. Under the "Own Brands" category, Gildan develops and markets its own brands such as Gold Toe, Silks, or Peds. These brands are tailored to specific customer needs and are independently distributed. The masks that Gildan introduced during the period of the Covid-19 pandemic are particularly noteworthy. They are characterized by high quality, comfort, and fashionable designs. In summary, Gildan Activewear Inc is an innovative and emerging company that places the highest value on quality, sustainability, and customer satisfaction. Through its unique vertical integration model, Gildan is able to offer high-quality and affordable products that meet customers' needs in terms of comfort, design, and functionality. Gildan Activewear is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Gildan Activewear stock

How much dividend does Gildan Activewear pay?

Over the past 12 months, Gildan Activewear paid a dividend of 0.74 USD . This corresponds to a dividend yield of about 1.51 %. For the coming 12 months, Gildan Activewear is expected to pay a dividend of 0.91 USD.

What is the dividend yield of Gildan Activewear?

The current dividend yield of Gildan Activewear is 1.51 %.

When does Gildan Activewear pay dividends?

Gildan Activewear pays a quarterly dividend. This is distributed in the months of April, June, September, December.

How secure is the dividend of Gildan Activewear?

Gildan Activewear paid dividends every year for the past 19 years.

What is the dividend of Gildan Activewear?

For the upcoming 12 months, dividends amounting to 0.91 USD are expected. This corresponds to a dividend yield of 1.84 %.

In which sector is Gildan Activewear located?

Gildan Activewear is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Gildan Activewear kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gildan Activewear from 12/16/2024 amounting to 0.205 USD, you needed to have the stock in your portfolio before the ex-date on 11/21/2024.

When did Gildan Activewear pay the last dividend?

The last dividend was paid out on 12/16/2024.

What was the dividend of Gildan Activewear in the year 2023?

In the year 2023, Gildan Activewear distributed 0.676 USD as dividends.

In which currency does Gildan Activewear pay out the dividend?

The dividends of Gildan Activewear are distributed in USD.

Andere Kennzahlen von Gildan Activewear

Our stock analysis for Gildan Activewear Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gildan Activewear Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.