Textron Inc Stock Dividends Overview

TXT pays dividends quarterly. Last paid amount was $0.0200 at Jan 01, 2024. As of today, dividend yield (TTM) is 0.108%.

Key Stats

Dividend Yield (TTM) 0.108%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0200
Next Ex-Dividend Date Mar 14, 2024
Next Payment Date Apr 01, 2024

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.

Upcoming Dividend Payment

To receive the upcoming dividend from TXT the purchase should be done within the next 15 days.
Here's a simple guide on how to buy TXT stock.

TXT Dividend Payout History

To ensure a understanding of TXT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2024 Mar 14, 2024 Apr 01, 2024 $0.0200 0.0230%
2 Oct 25, 2023 Dec 14, 2023 Jan 01, 2024 $0.0200 0.0249%
3 Jul 24, 2023 Sep 14, 2023 Oct 01, 2023 $0.0200 0.0256%
4 Apr 26, 2023 Jun 08, 2023 Jul 01, 2023 $0.0200 0.0296%
5 Feb 22, 2023 Mar 09, 2023 Apr 01, 2023 $0.0200 0.0283%
6 Oct 26, 2022 Dec 08, 2022 Jan 01, 2023 $0.0200 0.0282%
7 Jul 26, 2022 Sep 08, 2022 Oct 01, 2022 $0.0200 0.0343%
8 Apr 27, 2022 Jun 09, 2022 Jul 01, 2022 $0.0200 0.0327%
9 Feb 23, 2022 Mar 10, 2022 Apr 01, 2022 $0.0200 0.0274%
10 Oct 27, 2021 Dec 09, 2021 Jan 01, 2022 $0.0200 0.0259%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (100.00%)

Growth potential

Stable (15.15%)

TXT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from TXT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TXT stock here.

Comparing TXT to Sector and Country

TXT pays a solid dividend yield of 0.108%, which is lower than the average of the bottom 25% of dividend payers in the US market (0.629%). TXT’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (8.53%), which means that there are more attractive dividend stocks to consider.

TXT Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
PWR
Quanta Services Inc 34.053B $0.0900 0.179% 4.96%
TXT
Textron Inc 16.466B $0.0200 0.108% 1.34%

FAQ

What factors can affect the amount of TXT's dividend payments?
The amount of TXT's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in TXT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from TXT stock be automatically reinvested?
If TXT offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy TXT stock.

How often does TXT pay dividend?
Textron Inc (TXT) pays dividends quarterly. The most recent payout was on Jan 01, 2024. The upcoming dividend Ex Date is Mar 14, 2024, with an amount of $0.0200.

How much does TXT pays per share?
The last recorder (Dec 14, 2023) dividend per share was $0.0200.

What is TXT dividend growth rate?
Over the last year, Textron Inc has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Textron Inc has maintained an average Dividends Per Share Growth Rate of 0%.

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About Textron Inc

Textron Textron Inc. operates in the aircraft, defense, industrial, and finance businesses. The company's Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts. Its Bell segment supplies military and commercial helicopters, tiltrotor aircrafts, and related spare par... TXT Profile

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