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Textron (TXT) Dividend Yield, Date & History

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$76.85 +1.03 (+1.36%)
(As of 12/20/2024 05:31 PM ET)

Textron Dividend Summary

Dividend Yield
0.10%
Annual Dividend
$0.08
Next
Dividend Payment
Jan. 1
Dividend Payout Ratio
1.76%

Textron (TXT) pays an annual dividend of $0.08 per share, with a dividend yield of 0.10%. The next quarterly payment of $0.02 per share is scheduled for Wednesday, January 1, to investors who owned the stock before the ex-dividend date of Friday, December 13. The company currently pays out 1.76% of its earnings and 1.08% of its cash flow as dividends.

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TXT Dividend Payments by Quarter

The chart below displays up to four years of Textron's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TXT Dividend Yield Over Time

The chart below tracks Textron's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Textron vs. The Competition

Compare Textron's annual dividend, yield, and 3-year growth rate with averages for Aerospace and NYSE companies to evaluate its performance against the market.

TypeTextronAerospace CompaniesNYSE Companies
Annual Dividend$0.08$0.02$1.39
Dividend Yield0.10%1.29%3.58%
Annualized 3-Year Dividend Growth0.00%13.21%15.78%

Textron Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings1.76%
Based on This Year's Estimate1.45%
Based on Next Year's Estimate1.20%
Based on Cashflow1.08%

Textron Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/23/2024quarterly$0.02 - 0.09%12/13/202412/13/20241/1/2025
7/29/2024quarterly$0.02 - 0.09%9/13/20249/13/202410/1/2024
4/24/2024quarterly$0.02 - 0.09%6/14/20246/14/20247/1/2024
2/21/2024quarterly$0.02 - 0.09%3/14/20243/15/20244/1/2024
10/25/2023quarterly$0.02 - 0.11%12/14/202312/15/20231/1/2024
7/24/2023quarterly$0.02 - 0.1%9/14/20239/15/202310/1/2023
7/24/2023quarterly$0.02 - 0.12%10/1/20239/15/2023
4/26/2023quarterly$0.02 - 0.12%6/8/20236/9/20237/1/2023
2/22/2023quarterly$0.02 - 0.11%3/9/20233/10/20234/1/2023

This table shows Textron's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Textron Dividend - Frequently Asked Questions

The current dividend yield for Textron is 0.10%. Learn more on TXT's dividend yield history.

The annual dividend for TXT shares is $0.08. Learn more on TXT's annual dividend history.

Textron pays quarterly dividends to shareholders.

Textron's next quarterly dividend payment of $0.02 per share will be made to shareholders on Wednesday, January 1, 2025.

Textron's most recent quarterly dividend payment of $0.02 per share was made to shareholders on Tuesday, October 1, 2024.

Textron's most recent ex-dividend date was Friday, December 13, 2024.

The most recent change in the company's dividend was a decrease of $0.23 on Wednesday, February 23, 2022.

The dividend payout ratio for TXT is:
  • 1.76% based on the trailing year of earnings
  • 1.45% based on this year's estimates
  • 1.20% based on next year's estimates
  • 1.08% based on cash flow

Textron's dividend yield of 0.10% is lower than the average Aerospace company that issues a dividend. Textron's dividend payout ratio of 1.76% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Textron stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:TXT) was last updated on 12/21/2024 by MarketBeat.com Staff
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