Gildan Activewear Inc T.GIL

Alternate Symbol(s): GIL

Consumer Cyclical Luxury Goods

Gildan Activewear Inc. is a vertically integrated manufacturer of everyday basic apparel, including activewear, underwear, and hosiery products. The Company’s primary product categories include activewear tops and bottoms (activewear), socks (hosiery), and underwear tops and bottoms (underwear). Its activewear product lines include T-shirts, fleece tops and bottoms, sports shirts, polos and tank tops. Its hosiery product lines include athletic, dress, casual and workwear socks, liner socks and socks for therapeutic purposes. Its underwear product lines include men's and boy's underwear (tops and bottoms) and ladies’ panties. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands, including Gildan, American Apparel, Comfort Colors, Gildan Hammer, GoldToe, and Peds. Its manufacturing operations are situated in the United States, Central America, the Caribbean, and Bangladesh.

TSX:GIL - Post by User

Gildan Activewear Inc

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Post by Betteryear2on Feb 21, 2024 6:59am

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Increase in Quarterly Dividend

On February 20, 2024 the Board of Directors approved a 10% increase in the amount of the current quarterly dividend and has declared a cash dividend of $0.205 per share, payable on April 8, 2024, to shareholders of record on March 13, 2024. This dividend is an “eligible dividend” for the purposes of the Income Tax Act (Canada) and any other applicable provincial legislation pertaining to eligible dividends.

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