Gildan Activewear (GIL) recently announced a cash dividend of $0.226 per share, with the ex-dividend date set for Aug 21, 2025. The announcement came on Jul 30, 2025, and the dividend is payable on Sep 15, 2025. This dividend is notably higher compared to the average of the last ten dividends per share, which was $0.125. The previous dividend, paid on Jun 16, 2025, was also $0.226 per share, underscoring the company's commitment to maintaining its dividend payouts.
Recently,
has been in the spotlight due to its strategic acquisition of
. Over the past week, it was revealed that
will acquire HanesBrands for approximately $2.2 billion, a move aimed at expanding its scale and global footprint. As part of the deal, HanesBrands' shareholders will receive 0.102 shares of Gildan. This acquisition is expected to create a global powerhouse in basic apparel, bolstering Gildan's position with access to iconic innerwear brands and further strengthening its low-cost, vertically integrated operations.
Since the last update, industry analysts have expressed optimism regarding Gildan's growth prospects following the acquisition. The deal, implying an equity value of $2.2 billion and an enterprise value of $4.4 billion, is anticipated to significantly enhance Gildan's market position. Analysts have noted that this acquisition aligns with Gildan’s strategy to double its annual sales and strengthen its core operations. Additionally, Gildan's recent acquisition has caught the attention of market watchers, who are closely monitoring the potential impact on the company's financial health and market performance.
In conclusion, Gildan Activewear is making significant strides both in its dividend policies and strategic expansions. The upcoming ex-dividend date on Aug 21, 2025, marks the last opportunity for investors to purchase Gildan's stock to be eligible for this dividend payout. Any acquisitions made after this date will not qualify for the current dividend.
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