Gildan Activewear, Inc. Announces Quarterly Dividend of $0.25 (NYSE:GIL)

Posted by Brian Himes on Jul 30th, 2026

Gildan Activewear, Inc. (NYSE:GIL – Get Free Report) (TSE:GIL) declared a quarterly dividend on Thursday, July 30th. Shareholders 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) annualized dividend and a yield of 1.9%. The ex-dividend date is Thursday, August 20th.

Gildan Activewear has increased its dividend by an average of 0.2%per year over the last three years and has raised 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. Equities 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

Shares of GIL traded up $1.15 during midday trading on Thursday, reaching $52.40. 3,843,140 shares of the stock were exchanged, compared to its average volume of 1,429,976. The stock’s 50 day simple moving average is $54.62 and its 200 day simple moving average is $59.56. The company has a market cap of $9.70 billion, a P/E ratio of 30.82 and a beta of 1.11. Gildan Activewear has a twelve month low of $46.00 and a twelve month high of $73.69. The company has a quick ratio of 1.17, a current ratio of 2.35 and a debt-to-equity ratio of 1.32.

Gildan Activewear (NYSE:GIL – Get Free Report) (TSE:GIL) last released its quarterly earnings results on Thursday, July 30th. The textile maker reported $1.28 EPS for the quarter, beating the consensus estimate of $1.11 by $0.17. Gildan Activewear had a net margin of 6.10% and a return on equity of 21.38%. During the same period in the prior year, the firm earned $0.97 EPS. Gildan Activewear’s quarterly revenue was up 72.3% on a year-over-year basis. On average, sell-side analysts expect that Gildan Activewear will post 4.25 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Scotia cut their price objective on shares of Gildan Activewear from $72.00 to $65.00 and set a “sector outperform” rating for the company in a report on Wednesday, June 17th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $77.00 price target on shares of Gildan Activewear in a research report on Friday, May 1st. Royal Bank Of Canada reiterated an “outperform” rating on shares of Gildan Activewear in a research note on Wednesday, June 17th. Scotiabank reissued a “sector outperform” rating and set a $65.00 price target (down from $72.00) on shares of Gildan Activewear in a research report on Wednesday, June 17th. Finally, Zacks Research upgraded Gildan Activewear from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Thirteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $78.21.

View Our Latest Analysis on Gildan Activewear

Gildan Activewear Company Profile

(Get Free Report)

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.