The Globe and Mail reports in its Thursday edition that Gildan Activewear has increased its dividend by 10 per cent and delivered earnings for the last quarter that slightly exceeded expectations. The Globe's Nicolas Van Praet and Andrew Willis write that Gildan's new chief executive officer, Vince Tyra, is working to win over investors who are uncertain about his leadership. Gildan reported a profit of 89 cents a share for the quarter ending Dec. 31, with sales of $783-million. The net profit, adjusted for one-time gains and costs, was 75 cents. Analysts had predicted earnings of 73 cents on revenue of $761-million. Gildan has announced an increase in its quarterly payout. The new payout is now 20.5 cents, compared with the previous 18.6 cents. Additionally, Gildan has released its financial forecast for the year, predicting that it will continue to experience growth in important product categories. Gildan expects to achieve an adjusted earnings per share ranging from $2.92 to $3.07, with revenue growth expected to be somewhere between low single digits and flat. On Wednesday, Mr. Tyra said Gildan remains committed to a growth strategy focused on opportunities to "enhance and re-energize" its major brands.