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Gildan Activewear (Gildan Activewear) 3-Year Dividend Growth Rate : 71.70% (As of Dec. 2023)


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What is Gildan Activewear 3-Year Dividend Growth Rate?

Gildan Activewear's Dividends per Share for the three months ended in Dec. 2023 was $0.19.

The historical rank and industry rank for Gildan Activewear's 3-Year Dividend Growth Rate or its related term are showing as below:

GIL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -25.6   Med: 23.3   Max: 71.7
Current: 71.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gildan Activewear was 71.70% per year. The lowest was -25.60% per year. And the median was 23.30% per year.

GIL's 3-Year Dividend Growth Rate is ranked better than
94.53% of 311 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 10.1 vs GIL: 71.70

During the past 12 months, Gildan Activewear's average Dividends Per Share Growth Rate was 8.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 71.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Gildan Activewear's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.25. As of today, Gildan Activewear's Dividend Yield % is 2.21%.

Warning Sign:

Gildan Activewear Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Gildan Activewear's 3-Year Dividend Growth Rate

For the Apparel Manufacturing subindustry, Gildan Activewear's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gildan Activewear's 3-Year Dividend Growth Rate Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Gildan Activewear's 3-Year Dividend Growth Rate falls into.



Gildan Activewear 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Gildan Activewear  (NYSE:GIL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Gildan Activewear's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.186/ 0.75
=0.25

During the past 13 years, the highest Dividend Payout Ratio of Gildan Activewear was 0.32. The lowest was 0.15. And the median was 0.22.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Gildan Activewear Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2052024-03-122024-03-132024-04-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.1862023-11-212023-11-222023-12-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.1862023-08-232023-08-242023-09-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.1862023-05-232023-05-242023-06-19Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Gildan Activewear's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.763/35.07
=2.18 %

Current Share Price is $35.07.
Gildan Activewear's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.763.

During the past 13 years, the highest Dividend Yield of Gildan Activewear was 4.83%. The lowest was 0.38%. And the median was 1.19%.

Warning Sign:

Gildan Activewear Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gildan Activewear 3-Year Dividend Growth Rate Related Terms>


Gildan Activewear (Gildan Activewear) Business Description

Traded in Other Exchanges
Address
600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the U.S.