Gildan Activewear Dividends and Buybacks
Dividend criteria checks 3/6
Gildan Activewear is a dividend paying company with a current yield of 1.67% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 21st November, 2024.
Key information
1.7%
Dividend yield
9.5%
Buyback Yield
| Total Shareholder Yield | 11.2% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 8.0% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | CA$0.820 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Is Gildan Activewear (TSE:GIL) Using Too Much Debt?
Oct 23
Investors 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 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 13Stability 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) | 1.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Luxury) | 2.1% |
| Analyst forecast (GIL) (up to 3 years) | 2.0% |
Notable Dividend: GIL's dividend (1.67%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: GIL's dividend (1.67%) is low compared to the top 25% of dividend payers in the Canadian market (6.11%).
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.