Gildan Activewear Inc. (TSE:GIL – Get Free Report) (NYSE:GIL) Senior Officer Benito Masi sold 50,000 shares of Gildan Activewear stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of C$41.55, for a total value of C$2,077,495.00.
Gildan Activewear Stock Up 0.7 %
Shares of GIL traded up C$0.38 during trading hours on Tuesday, reaching C$57.38. The stock had a trading volume of 216,549 shares, compared to its average volume of 332,722. Gildan Activewear Inc. has a 12 month low of C$36.42 and a 12 month high of C$58.00. The firm has a 50-day simple moving average of C$53.40 and a 200 day simple moving average of C$49.64. The company has a current ratio of 2.35, a quick ratio of 0.87 and a debt-to-equity ratio of 72.52. The company has a market capitalization of C$9.33 billion, a price-to-earnings ratio of 17.07, a P/E/G ratio of 4.55 and a beta of 1.64.
Gildan Activewear Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Thursday, August 22nd will be issued a $0.28 dividend. This is a boost from Gildan Activewear’s previous quarterly dividend of $0.28. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend is Thursday, August 22nd. Gildan Activewear’s dividend payout ratio (DPR) is currently 33.83%.
Analysts Set New Price Targets
Check Out Our Latest Analysis on GIL
Gildan Activewear Company Profile
Gildan Activewear Inc manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sports shirts under the Gildan, Gildan Performance, Gildan Hammer, Glidan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, and American Apparel brands.
See Also
- Five stocks we like better than Gildan Activewear
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Buy On Holdings Stock Before the Market Catches Its Second Wind?
- What Do S&P 500 Stocks Tell Investors About the Market?
- 3 High-Potential Stocks That Could Turn Into Multi-Baggers
- There Are Different Types of Stock To Invest In
- CEO Swap: Starbucks Surges 22% on Hiring New CEO From Chipotle
Receive News & Ratings for Gildan Activewear Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gildan Activewear and related companies with MarketBeat.com's FREE daily email newsletter.