Gildan Activewear (TSX:GIL) Dividend Payout Ratio : 0.25 (As of Dec. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Gildan Activewear Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Gildan Activewear's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.25.

The historical rank and industry rank for Gildan Activewear's Dividend Payout Ratio or its related term are showing as below:

TSX:GIL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.24 Max: 0.32
Current: 0.27

During the past 13 years, the highest Dividend Payout Ratio of Gildan Activewear was 0.32. The lowest was 0.17. And the median was 0.24.

TSX:GIL's Dividend Payout Ratio is ranked better than
64.8% of 429 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.4 vs TSX:GIL: 0.27

As of today (2025-04-02), the Dividend Yield % of Gildan Activewear is 1.82%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Gildan Activewear was 4.83%. The lowest was 0.38%. And the median was 1.33%.

Gildan Activewear's Dividends per Share for the months ended in Dec. 2024 was C$0.29.

During the past 12 months, Gildan Activewear's average Dividends Per Share Growth Rate was 17.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 25.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.50% 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 25.50% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Gildan Activewear Dividend Payout Ratio Historical Data

The historical data trend for Gildan Activewear's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Gildan Activewear Dividend Payout Ratio Chart

Gildan Activewear Annual Data

Trend

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.17

0.22

0.29

0.27

Gildan Activewear Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.25	0.35	0.28	0.25	0.25

Competitive Comparison of Gildan Activewear's Dividend Payout Ratio

For the Apparel Manufacturing subindustry, Gildan Activewear's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Gildan Activewear's Dividend Payout Ratio falls into.

Save Embed

;

Save Embed

;

Gildan Activewear Dividend Payout Ratio Calculation

Gildan Activewear's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2024 )	/	EPS without NRI (A: Dec. 2024 )
	=	1.168	/	4.274
	=	0.27

Gildan Activewear's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	0.292	/	1.183
	=	0.25

Gildan Activewear (TSX:GIL) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Gildan Activewear Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Gildan Activewear's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Gildan Activewear Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gildan Activewear Inc (TSX:GIL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

GIL:USA GIL:Mexico VGA:Germany VGA:Germany

Address

600 de Maisonneuve Boulevard West, 33rd Floor, Suite 3300, Montreal, QC, CAN, H3A 3J2

Website

https://www.gildancorp.com

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 but has been ramping up production at its new facility in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the US.

Executives

John Maness	Senior Officer
Rhodri Harries	Senior Officer
Benito Masi	Senior Officer
Jason De Haan	Senior Officer
Michener Chandlee	Director
Juan Carlos Contreras Contreras Y Contreras	Senior Officer
Michael Kneeland	Director
Ghislain Houle	Director
Chuckie J. Ward	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Schroeder	Senior Officer
Glenn J. Chamandy	Director, Senior Officer
Donald Berg	Director
Marc Caira	Director
Maryse Bertrand	Director
Russell Andrew Goodman	Director