Gildan Activewear Inc.
GILGildan Activewear Inc. is a Canadian manufacturer of basic apparel, including T-shirts, activewear, and socks. Established in 1984, the company is known for its vertically integrated operations, producing primarily blank activewear and hosiery that are sold to brands and retailers worldwide for private label and mass-market distribution. Gildan emphasizes quality, affordability, and sustainability in its manufacturing processes.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 15, 2025 | $0.23 | 2025-11-19 | 2025-11-19 |
| September 15, 2025 | $0.23 | 2025-08-21 | 2025-08-21 |
| June 16, 2025 | $0.23 | 2025-05-20 | 2025-05-20 |
| April 7, 2025 | $0.23 | 2025-03-12 | 2025-03-12 |
| December 16, 2024 | $0.20 | 2024-11-21 | 2024-11-21 |
Dividends Summary
- Consistent Payer: Gildan Activewear Inc. has rewarded shareholders with 56 dividend payments over the past 14 years.
- Total Returned Value: Investors who held GIL shares during this period received a total of $7.20 per share in dividend income.
- Latest Payout: The most recent dividend of $0.23/share was paid 39 days ago, on December 15, 2025.
- Yield & Schedule: GIL currently pays dividends quarterly with an annual yield of 1.35%.
- Dividend Growth: Since 2011, the dividend payout has grown by 201.3%, from $0.07 to $0.23.
- Dividend Reliability: GIL has maintained or increased its dividend for 39 consecutive payments.
Company News
UBS analyst Jay Sole raised Gildan Activewear's price target by 38% to $110, citing the recent Hanesbrands acquisition as a strategic move that could improve retail presence and potentially reduce company debt.
Ararat Capital Management reduced its stake in Activewear by selling 137,548 shares in Q3, decreasing its position value by $4.9 million while maintaining Gildan as its fifth-largest holding after the HanesBrands acquisition.
Gildan Activewear has completed its acquisition of HanesBrands, creating a global apparel leader with an expanded platform and anticipated $200 million in run-rate cost synergies.
Neo Ivy Capital Management disclosed a new $4.13 million investment in Hanesbrands, acquiring 627,098 shares, representing 1% of their portfolio. The investment comes as Hanesbrands is set to be acquired by Gildan Activewear, potentially offering future growth opportunities.
Gildan will publish its Q3 2025 financial results on October 29, 2025, with a conference call at 8:30 AM ET featuring key executives discussing the company's performance.
