Gildan Activewear Dividends and Buybacks
Dividend criteria checks 3/6
Gildan Activewear is a dividend paying company with a current yield of 1.65% 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
1.6%
Dividend yield
9.3%
Buyback Yield
| Total Shareholder Yield | 10.9% |
| 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 | Mex$16.462 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GIL N's dividend payments have been volatile in the past 10 years.
Growing Dividend: GIL N'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 N) | 1.6% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (Luxury) | 0% |
| Analyst forecast (GIL N) (up to 3 years) | 2.0% |
Notable Dividend: GIL N's dividend (1.65%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.63%).
High Dividend: GIL N's dividend (1.65%) is low compared to the top 25% of dividend payers in the MX market (7.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.8%), GIL N'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 N's dividend payments are well covered by cash flows.