Gildan Activewear Stock To Go Ex-dividend Monday (GIL)

NEW YORK ( TheStreet) -- The ex-dividend date for Gildan Activewear (NYSE: GIL) is Monday, May 23, 2011. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $35.94 as of 9:31 a.m. ET, the dividend yield is 0.8%.

The average volume for Gildan Activewear has been 445,700 shares per day over the past 30 days. Gildan Activewear has a market cap of $4.4 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 27.3% year to date as of the close of trading on Thursday.

Gildan Activewear Inc. manufactures and sells T-shirts, activewear, underwear, and socks to wholesale screen printers, embroiderers, and retailers in North America, Europe, and internationally. It sells T-shirts, fleece, and sport shirts under the Gildan brand name. The company has a P/E ratio of 20.1, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Gildan Activewear as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Gildan Activewear Ratings Report.

See our dividend calendar or top-yielding stocks list.

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