Gildan Activewear Inc. (GIL), a leading manufacturer and distributor of everyday basic apparel, has declared a dividend of $0.19 per share with a record date of June 19, 2023. This represents a continuation of the company's strong dividend policy, maintaining the same amount as the last dividend of $0.19 paid on April 10, 2023.
Understanding Dividends
Before we delve deeper, let's briefly revisit what dividends are. They are payments made by corporations to their shareholders, typically in the form of cash or additional shares. These payments are a portion of the company's earnings, shared with stockholders as a token of appreciation for their investment. Dividends can provide a steady income stream for investors and are often seen as a sign of a company's financial health.
The record date, the ex-dividend date, and the payment date are the three important dates in the dividend payment process. The record date is the date when the company determines who its shareholders are (and thus who will receive the dividend), while the ex-dividend date is usually set several business days before the record date. If a stock is purchased on its ex-dividend date or after, the next dividend payment will not be received by the buyer but will go to the seller instead. If stocks are purchased before the ex-dividend date, the buyer will receive the dividends.
Dividend Analysis for GIL
Gildan Activewear's dividend announcement is great news for investors who own the stock before the ex-dividend date of May 23, 2023, as they stand to receive $0.19 per share.
The consistency in the company's dividend payment - $0.19 per share – is a positive sign and reflects Gildan Activewear's strong cash flow generation. It's important to note that maintaining a stable dividend is a significant signal to the market about the company's profitability and future prospects. Companies often strive to maintain consistent dividend payouts, as drastic changes can indicate financial instability.
Earnings Results and Future Outlook
When analyzing a company's dividend payments, it's crucial to look at their earnings as well. Dividends are usually paid out of company profits; hence, a company with strong earnings is more likely to pay dividends consistently. As of my knowledge cutoff in September 2021, Gildan Activewear had a track record of steady performance. For a more accurate understanding of its current earnings, potential investors should consult the company's most recent earnings report.
Moreover, shareholders must also consider the company's future growth prospects. While a consistent dividend payout is a positive sign, investors should also consider factors like the company's strategic investments, expansion plans, market share, and industry trends, as these will impact the company's ability to continue paying dividends in the future.
Gildan Activewear's dividend declaration underscores its commitment to shareholder returns. Investors who own the stock before the ex-dividend date stand to benefit from this distribution.
GIL moved above its 50-day moving average on August 13, 2025 date and that indicates a change from a downward trend to an upward trend. In of 36 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on September 15, 2025. You may want to consider a long position or call options on GIL as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GIL advanced for three days, in of 350 cases, the price rose further within the following month. The odds of a continued upward trend are .
GIL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 cases where GIL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for GIL turned negative on August 28, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GIL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.824) is normal, around the industry mean (4.921). P/E Ratio (17.599) is within average values for comparable stocks, (25.937). Projected Growth (PEG Ratio) (0.598) is also within normal values, averaging (1.502). Dividend Yield (0.016) settles around the average of (0.035) among similar stocks. GIL's P/S Ratio (2.534) is slightly higher than the industry average of (1.118).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GIL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of branded apparel
Industry ApparelFootwear