Dividend Growth of Gildan Activewear, Inc.(GIL)

Gildan Activewear(GIL) is having a Dividend Yield of 1.25% with the Annual cash Dividend per share of $0.31. The last quarter cash dividend per share pay out was $0.08. Gildan Activewear has a 5 year average dividend yield of 0.93% and the stock has a Indicated annual dividend of $0.31. Gildan Activewear(GIL) formally announced its most recent dividend on November 4, 2016 with a Dividend per share of $0.08. The new indicated annual dividend based on announced dividend per share is $0.31. The dividend yield based on the forward looking indicated annual dividend is 1.25%. Gildan Activewear(GIL) has the most recent dividend payout ratio of 0.21 with a 5-year average payout ratio of 0.2. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.01. The 5 year historical dividend growth of Gildan Activewear(GIL) is at the rate of 18.31% while the R-Squared dividend growth is 0.96. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Gildan Activewear, Inc. (NYSE:GIL) witnessed a decline in the market cap on Thursday as its shares dropped 0.76% or 0.19 points. After the session commenced at $25.09, the stock reached the higher end at $25.1768 while it hit a low of $24.79. With the volume soaring to 614,747 shares, the last trade was called at $24.84. The company has a 52-week high of $32.2. The company has a market cap of $5,758 million and there are 231,812,430 shares in outstanding. The 52-week low of the share price is $22.63. Shares of Gildan Activewear Inc. appreciated by 0.69% during the last five trading days but lost 1.7% on a 4-week basis. Gildan Activewear Inc. has dropped 6.83% during the last 3-month period . Year-to-Date the stock performance stands at -2.09%.

Institutional Investors own 73.45% of Gildan Activewear, Inc. shares. Gildan Activewear Inc (USA) Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.50 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.51. The company had revenue of $715.00 million for the quarter, compared to analysts expectations of $728.12 million. The companys revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 EPS.

Gildan Activewear Inc. is a manufacturer and marketer of premium quality branded basic activewear for sale principally into the wholesale imprinted activewear segment of the North American apparel market. The company sells premium quality 100% cotton T-shirts and premium quality sweatshirts, in a variety of weights, sizes, colors and styles, as blanks, which are ultimately decorated with designs and logos for sale to consumers.

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