Gildan Activewear, Inc. (GIL) to Issue Quarterly Dividend of $0.25 on June 15th

Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Wednesday, May 20th will be given a dividend of 0.249 per share by the textile maker on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Wednesday, May 20th.

Gildan Activewear has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 2 consecutive years. Gildan Activewear has a payout ratio of 25.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Gildan Activewear to earn $5.17 per share next year, which means the company should continue to be able to cover its $0.99 annual dividend with an expected future payout ratio of 19.1%.

Gildan Activewear Stock Down 0.8%

Gildan Activewear stock opened at $61.47 on Friday. Gildan Activewear has a twelve month low of $46.00 and a twelve month high of $73.69. The company has a 50 day moving average of $60.14 and a 200-day moving average of $61.51. The stock has a market capitalization of $11.38 billion, a PE ratio of 23.46 and a beta of 1.10. The company has a quick ratio of 1.05, a current ratio of 2.11 and a debt-to-equity ratio of 1.16.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last announced its earnings results on Thursday, April 30th. The textile maker reported $0.43 EPS for the quarter, topping the consensus estimate of $0.36 by $0.07. Gildan Activewear had a net margin of 6.10% and a return on equity of 24.48%. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the prior year, the company posted $0.59 earnings per share. The firm’s revenue was up 63.8% on a year-over-year basis. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS. On average, equities research analysts anticipate that Gildan Activewear will post 4.26 EPS for the current fiscal year.

Key Headlines Impacting Gildan Activewear

Here are the key news stories impacting Gildan Activewear this week:

• Positive Sentiment: Q1 results beat expectations — adjusted EPS of $0.43 vs. $0.36 est. and record first‑quarter revenue up ~63.8% year‑over‑year as HanesBrands was fully consolidated; company reiterated full‑year guidance and synergy targets, which supports medium‑term earnings power. Gildan Reports Record First Quarter Revenue and Maintains its Full Year 2026 Guidance
• Positive Sentiment: Company maintained FY‑2026 EPS guidance (4.20–4.40) and revenue range (~$6.0–$6.2B) and reiterated expected synergy run‑rate (~$250M over three years), giving investors a clearer earnings trajectory post‑acquisition. Q1 release and call materials
• Positive Sentiment: Declared a quarterly cash dividend of $0.249/share (ex‑dividend May 20, payable June 15), which supports yield‑seeking demand and signals cash‑flow confidence.
• Neutral Sentiment: Shareholders re‑elected all nine management nominees, approved auditor reappointment, renewed the Shareholder Rights Plan and passed the non‑binding Say‑on‑Pay — governance items passed but litigation risk remains. Gildan Activewear Reports on Shareholders’ Voting Results
• Negative Sentiment: Regulatory / litigation overhang: law firms launched a class action alert and a fraud investigation (Levi & Korsinsky) tied to past CEO removal/reinstatement and alleged governance failures — these actions create downside risk, potential legal fees and reputational damage. GIL Shareholder Alert: Gildan Activewear Inc. Class Action Lawsuit – Investors Should Contact Levi & Korsinsky Levi & Korsinsky Launches Fraud Investigation
• Negative Sentiment: GAAP results showed a loss for the quarter (GAAP diluted loss per share $0.30) and adjusted metrics reflect integration and inventory moves; near‑term margins were pressured (operating margin (0.1)% GAAP), which could weigh on sentiment until synergies are realized. Q1 press release: GAAP loss and adjusted metrics

Gildan Activewear Company Profile

Gildan Activewear Inc (NYSE:GIL) is a vertically integrated manufacturer and wholesaler of branded basic apparel, including activewear, socks, hosiery and underwear. Headquartered in Montreal, Quebec, the company produces a wide range of products such as T-shirts, fleece garments, sport shirts, performance wear, and shapewear under its Gildan, Anvil, Comfort Colors, Gold Toe, Peds and Silks brands. Leveraging its in-house knitting, dyeing, cut-and-sew and finishing operations, Gildan supplies blank apparel to screen printers, promotional product distributors and major retailers around the world.

Since its founding in 1984 by Glenn J.