Gildan Activewear (GIL) to Pay $0.19 Dividend on June 19, 2023
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Gildan Activewear (GIL) on June 19, 2023, a dividend of $0.19 per share will be paid to shareholders of a certain stock. This announcement indicates that the company has set a record date, which determines who will be eligible to receive the dividend payment. The record date in this case is June 19, 2023.
However, it is important to note that there is also an ex-dividend date associated with this dividend payment, which is set for May 23, 2023. The ex-dividend date is typically set a few business days before the record date. This means that if an investor purchases the stock on or after the ex-dividend date, they will not be entitled to receive the upcoming dividend payment.
In this scenario, the previous dividend payment of $0.19 per share was made on April 10, 2023. Investors who owned the stock prior to the ex-dividend date of that period would have received the dividend, while those who purchased the stock on or after the ex-dividend date would not have been eligible for the payment.
The purpose of setting an ex-dividend date is to ensure that the seller of the stock is the one who receives the dividends. This prevents the buyer from benefiting from the upcoming dividend payment without actually owning the stock during the relevant period.
GIL's RSI Indicator ascending out of oversold territory
The RSI Indicator for GIL moved out of oversold territory on June 01, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 24 similar instances when the indicator left oversold territory. In of the 24 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where GIL's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 358 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.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on May 19, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on GIL as a result. In of 96 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
GIL moved below its 50-day moving average on May 03, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for GIL crossed bearishly below the 50-day moving average on May 04, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 Aroon Indicator for GIL entered a downward trend on June 02, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (2.732) is normal, around the industry mean (3.001). P/E Ratio (10.787) is within average values for comparable stocks, (25.244). Projected Growth (PEG Ratio) (1.531) is also within normal values, averaging (1.794). Dividend Yield (0.024) settles around the average of (0.042) among similar stocks. P/S Ratio (1.670) is also within normal values, averaging (1.686).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. GIL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. GIL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of branded apparel
Industry ApparelFootwear
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| ADPV | 23.80 | 0.40 | +1.70% |
| Adaptiv™ Select ETF | |||
| CN | 27.78 | 0.12 | +0.45% |
| Xtrackers MSCI All China Equity ETF | |||
| MPA | 11.66 | 0.03 | +0.26% |
| Blackrock Muniyield Pennsylvania Quality Fund | |||
| MGV | 101.30 | 0.21 | +0.21% |
| Vanguard Mega Cap Value ETF | |||
| ULST | 40.14 | 0.02 | +0.04% |
| SPDR® SSgA Ultra Short Term Bond ETF | |||
GIL and
Correlation & Price change
A.I.dvisor indicates that over the last year, GIL has been closely correlated with COLM. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is a high statistical probability that if GIL jumps, then COLM could also see price increases.
| Ticker / NAME | Correlation To GIL | 1D Price Change % | ||
|---|---|---|---|---|
| GIL | 100% | +1.74% | ||
| COLM - GIL | 66% Closely correlated | +2.80% | ||
| RL - GIL | 66% Closely correlated | +2.04% | ||
| NKE - GIL | 62% Loosely correlated | +0.94% | ||
| PVH - GIL | 61% Loosely correlated | +7.55% | ||
| GOOS - GIL | 61% Loosely correlated | +4.84% | ||
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