Gildan Activewear Inc. (TSE:GIL) Declares Quarterly Dividend of $0.25

Gildan Activewear Inc. (TSE:GIL) (NYSE:GIL) declared a quarterly dividend on Wednesday, May 20th, TickerTech Dividends reports. Stockholders of record on Monday, June 15th will be given a dividend of 0.249 per share on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, May 20th.

Gildan Activewear Stock Performance

Shares of GIL opened at C$77.71 on Monday. The firm’s 50 day moving average is C$79.86 and its 200-day moving average is C$84.62. The stock has a market capitalization of C$14.39 billion, a P/E ratio of 45.98, a P/E/G ratio of 4.55 and a beta of 1.62. The company has a debt-to-equity ratio of 147.07, a current ratio of 2.35 and a quick ratio of 0.87. Gildan Activewear has a 12-month low of C$62.80 and a 12-month high of C$100.44.

Gildan Activewear (TSE:GIL) (NYSE:GIL) last released its earnings results on Thursday, April 30th. The company reported C$0.60 EPS for the quarter. The business had revenue of C$1.62 billion during the quarter. Gildan Activewear had a net margin of 6.14% and a return on equity of 10.08%. Equities research analysts anticipate that Gildan Activewear will post 4.5460385 EPS for the current fiscal year.

About Gildan Activewear

Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear, socks, and intimates sold to a broad range of customers, including wholesale distributors, screenprinters, embellishers, retailers or e-commerce platforms, as well as global lifestyle brand companies. Gildan markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, Hanes®, Comfort Colors®, American Apparel®, ALLPRO¿, GOLDTOE®, Peds®, Bali®, Playtex®, Maidenform®, Bonds®, as well as Champion® which is under an exclusive licensing agreement for the printwear channel in the U.S.