Gildan Activewear, Inc. (GIL) To Go Ex-Dividend on August 20th

Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) declared a quarterly dividend on Wednesday, July 29th. Stockholders of record on Thursday, August 20th will be given a dividend of 0.249 per share by the textile maker on Monday, September 14th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, August 20th.

Gildan Activewear has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 2 years. Gildan Activewear has a dividend payout ratio of 25.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Gildan Activewear to earn $5.23 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 18.9%.

Gildan Activewear Stock Performance

NYSE:GIL traded up $3.40 during trading hours on Friday, reaching $55.90. The stock had a trading volume of 1,671,959 shares, compared to its average volume of 1,431,124. The stock has a market cap of $10.35 billion, a P/E ratio of 32.88 and a beta of 1.11. The stock has a 50 day simple moving average of $54.51 and a 200 day simple moving average of $59.48. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.17 and a current ratio of 2.35. Gildan Activewear has a 12-month low of $46.00 and a 12-month high of $73.69.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last released its quarterly earnings data on Thursday, July 30th. The textile maker reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.17. Gildan Activewear had a return on equity of 21.38% and a net margin of 6.10%.The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same period in the previous year, the company posted $0.97 EPS. The firm’s revenue for the quarter was up 72.3% compared to the same quarter last year. On average, research analysts forecast that Gildan Activewear will post 4.25 EPS for the current fiscal year.

Key Gildan Activewear News

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

• Positive Sentiment: Gildan reported second-quarter adjusted earnings of $1.28 per share, exceeding the $1.11 analyst consensus and rising from $0.97 a year earlier. Revenue from continuing operations increased 72.3% to $1.58 billion, while the company reported an 11.1% operating margin and a 22.3% adjusted operating margin. Gildan Activewear Tops Q2 Earnings Estimates
• Positive Sentiment: The company announced the sale of HanesBrands Australia, a portfolio-related transaction that could streamline operations and provide proceeds for other corporate priorities. Gildan also updated its full-year 2026 guidance, though the available report does not specify the revised figures. Gildan Reports Second-Quarter Results and HanesBrands Australia Sale
• Positive Sentiment: Gildan declared a quarterly dividend of $0.249 per share, payable September 14 to shareholders of record August 20. The distribution represents an annualized yield of approximately 1.9%, supporting the stock’s income appeal.
• Neutral Sentiment: Despite the earnings beat and revenue growth, quarterly revenue of $1.58 billion fell short of the $1.61 billion consensus estimate. The company also reported a net loss of approximately $50 million in coverage of the quarter, creating a mixed picture beneath the strong adjusted results. Gildan Reports Q2 Results and HanesBrands Australia Sale
• Negative Sentiment: Rosen Law Firm is investigating potential securities claims alleging that Gildan may have issued materially misleading business information. The announcement does not establish wrongdoing, but a possible securities class action could create legal costs and reputational risk. Rosen Law Firm Gildan Securities Investigation

Gildan Activewear Company Profile

Gildan Activewear Inc (NYSE:GIL) is a vertically integrated manufacturer and wholesaler of branded basic apparel, including activewear, socks, hosiery and underwear. Headquartered in Montreal, Quebec, the company produces a wide range of products such as T-shirts, fleece garments, sport shirts, performance wear, and shapewear under its Gildan, Anvil, Comfort Colors, Gold Toe, Peds and Silks brands. Leveraging its in-house knitting, dyeing, cut-and-sew and finishing operations, Gildan supplies blank apparel to screen printers, promotional product distributors and major retailers around the world.

Since its founding in 1984 by Glenn J.