GIL Dividend Calculator
Calculate how much dividend income Gildan Activewear Inc. (GIL) could generate with reinvestment. Pre-loaded with GIL's current 2.73% yield and 8.0% dividend growth rate.
Dividend Yield: 2.73%
Annual Dividend: $0.97 per share
Share Price: $36.49
Payout Ratio: 51.8%
GIL DRIP Calculator
Model GIL dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 8.0% per year
What If You Invested $1,000 in GIL 10 Years Ago?
A $1,000 investment in GIL on 2016-12-01 would be worth $1,686.59 today with dividends reinvested (DRIP), a total return of 68.7%.
Without reinvesting, the total portfolio value (shares plus cash dividends) would be $1,660.66 (66.1% return). Reinvesting dividends added $25.93 in extra value.
Starting share price: $25.37 — Current share price: $36.49
Frequently Asked Questions
- What is GIL's current dividend yield?
- GIL (Gildan Activewear Inc.) currently has a dividend yield of 2.73%. This means for every $10,000 invested, you would receive approximately $273 per year in dividend income before taxes.
- How much GIL do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from GIL at its current yield of 2.73%, you would need approximately $439,560 invested. With dividend reinvestment and growth, you may need less over time.
- Does GIL pay monthly dividends?
- No, GIL pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is GIL's dividend safe?
- GIL's payout ratio is 51.8%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is GIL's dividend growth rate?
- GIL's 5-year dividend compound annual growth rate (CAGR) is approximately 8.0% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
- What would $1,000 invested in GIL 10 years ago be worth today?
- A $1,000 investment in GIL on 2016-12-01 would be worth approximately $1,686.59 today with dividends reinvested (DRIP), a 68.7% total return. Without reinvesting, the total portfolio value (shares plus accumulated cash dividends) would be $1,660.66 — meaning DRIP added $25.93 in extra value.
See full dividend history and analysis on the GIL dividend page.