Gildan Activewear Dividend
Dividend criteria checks 4/6
Gildan Activewear is a dividend paying company with a current yield of 2.3% that is well covered by earnings.
Key information
2.3%
Dividend yield
25%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$3.17 |
| Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Gildan Activewear Inc.'s (TSE:GIL) Intrinsic Value Is Potentially 46% Above Its Share Price
Apr 23
Why Investors Shouldn't Be Surprised By Gildan Activewear Inc.'s (TSE:GIL) Low P/E
Mar 12We Like These Underlying Return On Capital Trends At Gildan Activewear (TSE:GIL)
Feb 15Is There Now An Opportunity In Gildan Activewear Inc. (TSE:GIL)?
Jan 31Gildan Activewear Inc.'s (TSE:GIL) Intrinsic Value Is Potentially 63% Above Its Share Price
Dec 11Here's Why Gildan Activewear (TSE:GIL) Can Manage Its Debt Responsibly
Nov 28Gildan Activewear (TSE:GIL) Is Looking To Continue Growing Its Returns On Capital
Nov 13What Is Gildan Activewear Inc.'s (TSE:GIL) Share Price Doing?
Sep 19Gildan Activewear Inc.'s (TSE:GIL) Intrinsic Value Is Potentially 80% Above Its Share Price
Sep 03We Think Gildan Activewear (TSE:GIL) Can Stay On Top Of Its Debt
Aug 16Returns At Gildan Activewear (TSE:GIL) Are On The Way Up
Jul 16At CA$40.73, Is It Time To Put Gildan Activewear Inc. (TSE:GIL) On Your Watch List?
Jun 18Is Gildan Activewear Inc. (TSE:GIL) Trading At A 35% Discount?
Jun 04Is Gildan Activewear (TSE:GIL) A Risky Investment?
May 07We Like Gildan Activewear's (TSE:GIL) Returns And Here's How They're Trending
Apr 04At CA$43.36, Is It Time To Put Gildan Activewear Inc. (TSE:GIL) On Your Watch List?
Mar 01Is Gildan Activewear Inc. (TSE:GIL) Trading At A 27% Discount?
Feb 16Here's Why Gildan Activewear (TSE:GIL) Has Caught The Eye Of Investors
Feb 05Does Gildan Activewear (TSE:GIL) Have A Healthy Balance Sheet?
Jan 09Under The Bonnet, Gildan Activewear's (TSE:GIL) Returns Look Impressive
Dec 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: GIL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Gildan Activewear Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GIL) | 2.3% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Luxury) | 1.8% |
| Analyst forecast in 3 Years (GIL) | 2.6% |
Notable Dividend: GIL's dividend (2.3%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: GIL's dividend (2.3%) is low compared to the top 25% of dividend payers in the Canadian market (6.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.5%), GIL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.8%), GIL's dividend payments are well covered by cash flows.