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Gildan Activewear (Gildan Activewear) Forward Dividend Yield %

: 2.31% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of Gildan Activewear is 2.31%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Gildan Activewear is 2.16%.

GIL's Forward Dividend Yield % is ranked worse than
56.72% of 543 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.79 vs GIL: 2.31

Gildan Activewear's Dividends per Share for the three months ended in Dec. 2023 was $0.19.

During the past 12 months, Gildan Activewear's average Dividends Per Share Growth Rate was 8.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 71.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gildan Activewear was 71.70% per year. The lowest was -25.60% per year. And the median was 23.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Apparel Manufacturing subindustry, Gildan Activewear's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gildan Activewear Forward Dividend Yield % Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Gildan Activewear's Forward Dividend Yield % falls into.



Gildan Activewear Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Gildan Activewear Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2052024-03-122024-03-132024-04-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.1862023-11-212023-11-222023-12-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.1862023-08-232023-08-242023-09-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.1862023-05-232023-05-242023-06-19Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Gildan Activewear's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.82/35.20
=2.33 %

Current Share Price is $35.20.
Gildan Activewear's Dividends per Share for the forward twelve months is calculated as $0.205 * 4 = $0.82.

Gildan Activewear's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.763/35.20
=2.17 %

Current Share Price is $35.20.
Gildan Activewear's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.763.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gildan Activewear  (NYSE:GIL) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Gildan Activewear Forward Dividend Yield % Related Terms

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Gildan Activewear (Gildan Activewear) Business Description

Traded in Other Exchanges
Address
600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the U.S.