Gildan Activewear Dividends and Buybacks
Dividend criteria checks 4/6
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
1.7%
Dividend yield
9.3%
Buyback Yield
| Total Shareholder Yield | 11.0% |
| 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 | US$0.820 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Gildan Has Returned To Historical Valuations Post Q3, And Remains Fairly Priced
Nov 01Gildan Activewear: Good Quarterly Results And Favorable Mid-Term Prospects
Aug 02Gildan Is Too Uncertain Before The Shareholder Meeting On May 28th
May 20Gildan Activewear Will Likely Offer Better Prices In The Future
Mar 26Gildan Activewear Q4: Long-Term Growth Potential
Feb 27Gildan Activewear: A Hidden Gem In The Apparel Landscape
Jan 22Gildan Activewear: It's All About Margins
Nov 19Gildan Activewear: Vertical Integration Provides Sustainable Opportunity
Sep 08Stability 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% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Luxury) | 1.9% |
| Analyst forecast (GIL) (up to 3 years) | 2.0% |
Notable Dividend: GIL's dividend (1.65%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: GIL's dividend (1.65%) is low compared to the top 25% of dividend payers in the US market (4.21%).
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.