Textron Inc Stock Dividends
Textron Inc Stock Dividends Overview
TXT pays dividends quarterly. Last paid amount was $0.0200 at Apr 01, 2024. As of today, dividend yield (TTM) is 0.101%.
Dividend Yield Range
AI Analysis of TXT
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.101% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0200 |
| Next Ex-Dividend Date | Jun 14, 2024 |
| Next Payment Date | Jul 01, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from TXT the purchase should be done within the next 12 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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 21 | Apr 24, 2019 | Jun 13, 2019 | Jul 01, 2019 | $0.0200 | 0.0376% |
| 22 | Feb 27, 2019 | Mar 14, 2019 | Apr 01, 2019 | $0.0200 | 0.0388% |
| 23 | Oct 24, 2018 | Dec 13, 2018 | Jan 01, 2019 | $0.0200 | 0.0435% |
| 24 | Jul 24, 2018 | Sep 13, 2018 | Oct 01, 2018 | $0.0200 | 0.0279% |
| 25 | Apr 25, 2018 | Jun 14, 2018 | Jul 01, 2018 | $0.0200 | 0.0303% |
| 26 | Feb 28, 2018 | Mar 09, 2018 | Apr 01, 2018 | $0.0200 | 0.0339% |
| 27 | Oct 25, 2017 | Dec 14, 2017 | Jan 01, 2018 | $0.0200 | 0.0353% |
| 28 | Jul 25, 2017 | Sep 14, 2017 | Oct 01, 2017 | $0.0200 | 0.0371% |
| 29 | Apr 26, 2017 | Jun 07, 2017 | Jul 01, 2017 | $0.0200 | 0.0425% |
| 30 | Feb 22, 2017 | Mar 08, 2017 | Apr 01, 2017 | $0.0200 | 0.0420% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
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 0.101%, which is lower than the average of the bottom 25% of dividend payers in the US market (0.515%). TXT’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (6.46%), which means that there are more attractive dividend stocks to consider.
TXT Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Quanta Services Inc | 40.394B | $0.0900 | 0.168% | 6.34% | |
| Textron Inc | 16.707B | $0.0200 | 0.101% | 1.72% |
