Gildan Activewear, Inc. (NYSE:GIL – Get Free Report) (TSE:GIL) announced a quarterly dividend on Wednesday, February 25th. Investors of record on Thursday, March 19th will be paid a dividend of 0.249 per share by the textile maker on Monday, April 13th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, March 19th. This is a 10.2% increase from Gildan Activewear’s previous quarterly dividend of $0.23.
Gildan Activewear has decreased its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 2 years. Gildan Activewear has a dividend payout ratio of 23.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Gildan Activewear to earn $3.96 per share next year, which means the company should continue to be able to cover its $0.90 annual dividend with an expected future payout ratio of 22.7%.
Gildan Activewear Stock Down 3.1%
NYSE:GIL traded down $2.24 during mid-day trading on Thursday, hitting $69.04. The company had a trading volume of 3,377,684 shares, compared to its average volume of 1,094,959. The business has a fifty day simple moving average of $66.57 and a 200-day simple moving average of $60.61. The firm has a market capitalization of $12.78 billion, a price-to-earnings ratio of 21.03 and a beta of 1.08. Gildan Activewear has a 1 year low of $37.16 and a 1 year high of $73.69. The company has a current ratio of 2.01, a quick ratio of 0.88 and a debt-to-equity ratio of 0.94.
Key Stories Impacting Gildan Activewear
Here are the key news stories impacting Gildan Activewear this week:
- Positive Sentiment: Q4 results beat expectations: Gildan reported adjusted EPS of $0.96 and revenue of $1.08B (up ~31% YoY), topping consensus and showing strong margin/ROE metrics — a signal of near-term operational strength. Read More.
- Positive Sentiment: Dividend raise: The board boosted the quarterly dividend to $0.249 (10.2% increase), supporting income-oriented investors and signaling confidence in cash flow. (Ex-dividend Mar 19; pay Apr 13.)
- Positive Sentiment: Hanes acquisition lift and synergy progress: Q4 included HanesBrands contributions (post‑close) and management raised targeted run‑rate synergies while announcing investment/expansion plans — positive for long‑term scale and cost savings. Read More.
- Neutral Sentiment: Acquisition makes year-over-year comparisons lumpy: The December 1 close of HanesBrands means Q4 and FY numbers include only a month of Hanes results, complicating cadence and seasonality interpretation. Read More.
- Negative Sentiment: FY‑2026 guidance came in below Street expectations: Gildan set FY‑2026 EPS at $4.20–$4.40 vs. a ~$4.46 consensus, which pressured sentiment because it implies slower near‑term earnings leverage than investors hoped. Read More.
- Negative Sentiment: Media and analyst reaction emphasized a “sluggish” quarter/outlook and a downgrade: Several outlets highlighted the softer targets, and Zacks moved Gildan to a “strong sell,” amplifying downside pressure. Read More.
- Negative Sentiment: Elevated trading and price weakness: Volume spiked well above average as the mixed message (beat vs. muted guidance) led to heavier selling today, contributing to the stock decline.
Gildan Activewear Company Profile
Gildan Activewear Inc (NYSE:GIL) is a vertically integrated manufacturer and wholesaler of branded basic apparel, including activewear, socks, hosiery and underwear. Headquartered in Montreal, Quebec, the company produces a wide range of products such as T-shirts, fleece garments, sport shirts, performance wear, and shapewear under its Gildan, Anvil, Comfort Colors, Gold Toe, Peds and Silks brands. Leveraging its in-house knitting, dyeing, cut-and-sew and finishing operations, Gildan supplies blank apparel to screen printers, promotional product distributors and major retailers around the world.
Since its founding in 1984 by Glenn J.
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