Gildan Activewear, Inc. (NYSE:GIL) Shareholders to Get $0.25 Quarterly Dividend

Key Points

• Dividend: Gildan declared a quarterly dividend of $0.249 per share, payable December 21 to shareholders of record November 25. The annualized dividend is about $1.00, yielding 2.9%, and is covered by earnings.
• Quarterly results: Third-quarter EPS was $1.54, up from $1.00 a year earlier but slightly below analysts’ $1.57 consensus. Continuing-operations sales rose 61.1% year over year to $1.47 billion.
• Risks and sentiment: Shares were reported down 19.5%; Scotiabank cut its rating and price target. Gildan also faces a securities class-action lawsuit alleging sales were pulled forward, claims that remain allegations.

Gildan Activewear, Inc. (NYSE:GIL - Get Free Report) TSE: GIL announced a quarterly dividend on Thursday, November 5th. Stockholders of record on Wednesday, November 25th will be given a dividend of $0.2490 per share by the textile maker on Monday, December 21st. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Wednesday, November 25th.

Gildan Activewear has raised its dividend payment by an average of 0.2% per year over the last three years and has raised its dividend annually for the last 2 consecutive years. Gildan Activewear has a payout ratio of 25.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Gildan Activewear to earn $5.33 per share next year, which means the company should continue to be able to cover its $0.99 annual dividend with an expected future payout ratio of 18.6%.

Gildan Activewear Trading Down 19.5%

GIL stock opened at $34.83 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.93 and a debt-to-equity ratio of 1.15. Gildan Activewear has a twelve month low of $31.33 and a twelve month high of $73.69. The company has a market cap of $6.45 billion, a P/E ratio of 66.98 and a beta of 1.15. The business has a fifty day moving average of $44.21 and a 200-day moving average of $55.31.

Gildan Activewear (NYSE:GIL - Get Free Report) TSE: GIL last posted its quarterly earnings results on Thursday, November 5th. The textile maker reported $1.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.57 by ($0.03). Gildan Activewear had a net margin of 1.28% and a return on equity of 21.03%. As a group, equities research analysts expect that Gildan Activewear will post 4.63 EPS for the current year.

Key Gildan Activewear News

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: Gildan reported third-quarter continuing-operations sales of $1.47 billion, up 61.1% year over year, and an adjusted operating margin of 27.0%. It also declared a quarterly dividend of $0.249 per share, payable December 21 to shareholders of record November 25. Gildan third-quarter results and guidance
• Neutral Sentiment: Gildan’s $1.54 third-quarter earnings per share were up from $1.00 a year earlier, but the result was just below the $1.57 analyst consensus. Gildan misses third-quarter estimates
• Negative Sentiment: Scotiabank downgraded GIL from “sector outperform” to “sector perform” and cut its price target to $39 from $53. The new target implies 12% upside from the cited $34.83 share price, but the substantial reduction signals a less favorable outlook. Scotiabank stock recommendations
• Negative Sentiment: Multiple law firms publicized a securities class action covering investors who bought Gildan shares between February 19, 2025 and June 15, 2026. The suit alleges that the company misrepresented or omitted information about a channel-stuffing scheme, including claims that roughly $500 million in sales were pulled forward. These are allegations, not established findings; the lead-plaintiff deadline is December 14, 2026. Gildan class action announcement

About Gildan Activewear

Gildan Activewear Inc is a Montreal, Quebec-based apparel manufacturer that produces and sells everyday basic clothing for consumers and businesses. The company's product portfolio includes activewear, T-shirts, fleece garments, underwear, socks and hosiery, as well as other apparel basics.

Gildan sells products primarily through wholesale distributors and screen printers, who supply decorated apparel to businesses, schools, teams, organizations and retailers. Its portfolio includes the Gildan, American Apparel, Comfort Colors, Gold Toe and Anvil brands.

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