A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the second of four consumer cyclical sector stocks poised to join my Volio folio this week. This could be my thirty-ninth pick for Volio!

That consumer cyclical sector includes twenty-eight industries ranging from Advertising Agencies to Apparel, Autos, Broadcasting, Department Stores, Gambling, Leisure, Lodging, Packaging, Personal Services, Shoes, Restaurants, Rubber, Plastics, Textiles, and all such consumer aimed enterprises.

My subject today is a mid-cap apparel manufacturing company named, Gildan Activewear Inc. Its trading ticker symbol is GIL. This is my first-ever report on Gildan Activewear Inc. Here goes...

Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts to wholesalers and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America. The Montreal-based company generates most of its sales in the U.S. and was incorporated in 1984

It offers its products through wholesale distributors, screen printers/embellishers, and retailers, as well as through its e-commerce platforms.

The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995.

Gildan Activewear Inc. was incorporated in 1984 and is headquartered in Montreal, Canada.

I use three key data points to gauge dividend equities or funds like Gildan Activewear Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money.

GIL Price

Gildan's price per share closed at $14.34 yesterday. A year ago their price was $36.74. Price fell $22.30 or nearly 61% last year.

Assuming Gildan's stock trades in the range of $10 to $20 this next year, its recent $14.34 price might rise by $0.66 to reach $15.00 by May 27, 2021.

GIL Dividends

Gildan's most recent declared quarterly dividend was $0.134 paid April 6th. That $0.134 Q dividend would equate to $0.54 annually and yields 3.73% at Yesterday's $14.34 share price. However Gildan's dividend is now suspended to conserve cash for survival.

GIL Gains?

Adding the $0.00 annual estimated dividend to my $0.66 optimistic estimate of Gildan's price upside shows a $0.66 potential gross gain, per share, to be reduced by any costs to trade those shares.

Put little over $1,000.00  today in Gildan Activewear Inc shares at their $14.34 price, buys 70 shares of GIL stock.

A $10 broker fee paid half at purchase and half at sale could cost about $0.14 per share.

Subtract that $0.14  brokerage cost from my estimated $0.66 gross gain per share results in a net gain of $0.52 X 70 shares = $36.40 for a 3.6% net gain on a $1,003.80 investment.

Gildan Activewear Inc shows a possible 3.6% net gain including no dividend yield. It could be more, it could be less.

The above speculation is based on past performance and supposition. Only time and money invested will tell if Gildan Activewear Inc is worth it.