Gildan Activewear Dividends and Buybacks
Dividend criteria checks 3/6
Gildan Activewear is a dividend paying company with a current yield of 1.61% that is well covered by earnings.
Key information
1.6%
Dividend yield
9.2%
Buyback Yield
| Total Shareholder Yield | 10.8% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 8.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.820 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Investors Appear Satisfied With Gildan Activewear Inc.'s (TSE:GIL) Prospects
Jan 18
At CA$67.76, Is Gildan Activewear Inc. (TSE:GIL) Worth Looking At Closely?
Jan 06Gildan Activewear (TSE:GIL) Is Very Good At Capital Allocation
Dec 23An Intrinsic Calculation For Gildan Activewear Inc. (TSE:GIL) Suggests It's 25% Undervalued
Dec 11Is Gildan Activewear (TSE:GIL) Using Too Much Debt?
Oct 23Investors Interested In Gildan Activewear Inc.'s (TSE:GIL) Earnings
Oct 09Returns Are Gaining Momentum At Gildan Activewear (TSE:GIL)
Sep 22Should You Investigate Gildan Activewear Inc. (TSE:GIL) At CA$59.70?
Sep 08Is Gildan Activewear Inc. (TSE:GIL) Trading At A 41% Discount?
Aug 27Is Now The Time To Look At Buying Gildan Activewear Inc. (TSE:GIL)?
Jun 04Do Gildan Activewear's (TSE:GIL) Earnings Warrant Your Attention?
May 22These 4 Measures Indicate That Gildan Activewear (TSE:GIL) Is Using Debt Reasonably Well
May 05Gildan Activewear Inc.'s (TSE:GIL) Intrinsic Value Is Potentially 46% Above Its Share Price
Apr 23Why 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 31Stability 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) | 1.6% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Luxury) | 2.0% |
| Analyst forecast (GIL) (up to 3 years) | 2.0% |
Notable Dividend: GIL's dividend (1.61%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.69%).
High Dividend: GIL's dividend (1.61%) is low compared to the top 25% of dividend payers in the Canadian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.8%), GIL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.9%), GIL's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 00:55 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gildan Activewear Inc. is covered by 36 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harriet Li | Accountability Research Corporation |
| Ishan Majumdar | Baptista Research |
| Stephen MacLeod | BMO Capital Markets Equity Research |