Gildan Activewear Inc. Class A Stock To Go Ex-dividend Tuesday (GIL)

NEW YORK ( TheStreet) -- The ex-dividend date for Gildan Activewear Inc. Class A (NYSE: GIL) is Tuesday, February 21, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $25.55 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for Gildan Activewear Inc. Class A has been 738,800 shares per day over the past 30 days. Gildan Activewear Inc. Class A has a market cap of $2.69 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 35.5% year to date as of the close of trading on Thursday.

Gildan Activewear Inc. engages in the manufacture and sale of apparel products primarily in the United States, Canada, and Europe. It sells T-shirts, fleece, and sport shirts to wholesale distributors under the Gildan brand name. The company has a P/E ratio of 19.4, above the average consumer non-durables industry P/E ratio of 11.3 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Gildan Activewear Inc. Class A as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Gildan Activewear Inc. Class A Ratings Report.

See our dividend calendar or top-yielding stocks list.
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