Gildan Activewear, Inc. (NYSE:GIL) Shares to Pay Quarterly Dividend of $0.25

by · The Markets Daily

Gildan Activewear, Inc. (NYSE:GIL – Get Free Report) (TSE:GIL) declared a quarterly dividend on Thursday, November 5th. Shareholders of record on Wednesday, November 25th will be given a dividend of $0.2490 per share by the textile maker on Monday, December 21st. This represents a $1.00 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Wednesday, November 25th.

Gildan Activewear has increased its dividend by an average of 0.2% annually over the last three years and has raised its dividend every year for the last 2 years. Gildan Activewear has a dividend payout ratio of 25.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Gildan Activewear to earn $5.33 per share next year, which means the company should continue to be able to cover its $0.99 annual dividend with an expected future payout ratio of 18.6%.

Gildan Activewear Price Performance

Shares of GIL opened at $34.83 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.93 and a debt-to-equity ratio of 1.15. Gildan Activewear has a twelve month low of $31.33 and a twelve month high of $73.69. The stock has a market capitalization of $6.45 billion, a P/E ratio of 66.98 and a beta of 1.15. The company has a 50 day moving average of $44.21 and a 200-day moving average of $55.31.

Gildan Activewear (NYSE:GIL – Get Free Report) (TSE:GIL) last announced its quarterly earnings data on Thursday, November 5th. The textile maker reported $1.54 EPS for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.03). Gildan Activewear had a return on equity of 21.03% and a net margin of 1.28%. As a group, equities research analysts forecast that Gildan Activewear will post 4.63 EPS for the current fiscal year.

Key Headlines Impacting Gildan Activewear

Here are the key news stories impacting Gildan Activewear this week:

  • Positive Sentiment: Gildan reported third-quarter continuing-operations sales of $1.47 billion, up 61.1% year over year, and an adjusted operating margin of 27.0%. It also declared a quarterly dividend of $0.249 per share, payable December 21 to shareholders of record November 25. Gildan third-quarter results and guidance
  • Neutral Sentiment: Gildan’s $1.54 third-quarter earnings per share were up from $1.00 a year earlier, but the result was just below the $1.57 analyst consensus. Gildan misses third-quarter estimates
  • Negative Sentiment: Scotiabank downgraded GIL from “sector outperform” to “sector perform” and cut its price target to $39 from $53. The new target implies 12% upside from the cited $34.83 share price, but the substantial reduction signals a less favorable outlook. Scotiabank stock recommendations
  • Negative Sentiment: Multiple law firms publicized a securities class action covering investors who bought Gildan shares between February 19, 2025 and June 15, 2026. The suit alleges that the company misrepresented or omitted information about a channel-stuffing scheme, including claims that roughly $500 million in sales were pulled forward. These are allegations, not established findings; the lead-plaintiff deadline is December 14, 2026. Gildan class action announcement

About Gildan Activewear

(Get Free Report)

Gildan Activewear Inc is a Montreal, Quebec-based apparel manufacturer that produces and sells everyday basic clothing for consumers and businesses. The company’s product portfolio includes activewear, T-shirts, fleece garments, underwear, socks and hosiery, as well as other apparel basics.

Gildan sells products primarily through wholesale distributors and screen printers, who supply decorated apparel to businesses, schools, teams, organizations and retailers. Its portfolio includes the Gildan, American Apparel, Comfort Colors, Gold Toe and Anvil brands.

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