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 parts and services. The company's Textron Systems segment offers unmanned aircraft systems, electronic systems and solutions, advanced marine crafts, piston aircraft engines, live military air-to-air and air-to-ship training, weapons and related components, and armored and specialty vehicles. Its Industrial segment offers blow-molded plastic fuel systems, including conventional plastic fuel tanks and pressurized fuel tanks for hybrid vehicle applications, clear-vision systems, and plastic tanks for catalytic reduction systems primarily to automobile original equipment manufacturers; and golf cars, off-road utility vehicles, recreational side-by-side and all-terrain vehicles, snowmobiles, light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles to golf courses and resorts, government agencies and municipalities, consumers, outdoor enthusiasts, and commercial and industrial users. The company's Finance segment provides financing services to purchase new and pre-owned aircraft and bell helicopters. It serves in the United States, Europe, Asia, Australia, and internationally. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island.
Textron Dividend Announcement
• Textron announced a quarterly dividend of $0.02 per ordinary share which will be made payable on 2025-01-01. Ex dividend date: 2024-12-13
• Textron annual dividend for 2024 was $0.08
• Textron annual dividend for 2023 was $0.08
• Textron's trailing twelve-month (TTM) dividend yield is 0.12%
• Textron's payout ratio for the trailing twelve months (TTM) is 2.27%
Textron Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-13 | $0.02 | quarterly | 2025-01-01 |
| 2024-09-13 | $0.02 | quarterly | 2024-10-01 |
| 2024-06-14 | $0.02 | quarterly | 2024-07-01 |
| 2024-03-14 | $0.02 | quarterly | 2024-04-01 |
| 2023-12-14 | $0.02 | quarterly | 2024-01-01 |
| 2023-09-14 | $0.02 | quarterly | 2023-10-01 |
| 2023-06-08 | $0.02 | quarterly | 2023-07-01 |
| 2023-03-09 | $0.02 | quarterly | 2023-04-01 |
| 2022-12-08 | $0.02 | quarterly | 2023-01-01 |
| 2022-09-08 | $0.02 | quarterly | 2022-10-01 |
| 2022-06-09 | $0.02 | quarterly | 2022-07-01 |
| 2022-03-10 | $0.02 | quarterly | 2022-03-15 |
| 2021-12-09 | $0.02 | quarterly | 2022-01-01 |
| 2021-09-09 | $0.02 | quarterly | 2021-10-01 |
| 2021-06-10 | $0.02 | quarterly | 2021-07-01 |
| 2021-03-11 | $0.02 | quarterly | 2021-04-01 |
| 2020-12-10 | $0.02 | quarterly | 2021-01-01 |
| 2020-09-10 | $0.02 | quarterly | 2020-10-01 |
| 2020-06-11 | $0.02 | quarterly | 2020-07-01 |
| 2020-03-12 | $0.02 | quarterly | 2020-04-01 |
| 2019-12-12 | $0.02 | quarterly | 2020-01-01 |
| 2019-09-12 | $0.02 | quarterly | 2019-10-01 |
| 2019-06-13 | $0.02 | quarterly | 2019-07-01 |
| 2019-03-14 | $0.02 | quarterly | 2019-04-01 |
| 2018-12-13 | $0.02 | quarterly | 2019-01-01 |
| 2018-09-13 | $0.02 | quarterly | 2018-10-01 |
| 2018-06-14 | $0.02 | quarterly | 2018-07-01 |
| 2018-03-09 | $0.02 | quarterly | 2018-04-01 |
| 2017-12-14 | $0.02 | quarterly | 2018-01-01 |
| 2017-09-14 | $0.02 | quarterly | 2017-10-01 |
| 2017-06-07 | $0.02 | quarterly | 2017-07-01 |
| 2017-03-08 | $0.02 | quarterly | 2017-04-01 |
| 2016-12-07 | $0.02 | quarterly | 2017-01-01 |
| 2016-09-07 | $0.02 | quarterly | 2016-10-01 |
| 2016-06-08 | $0.02 | quarterly | 2016-07-01 |
| 2016-03-09 | $0.02 | quarterly | 2016-04-01 |
| 2015-12-09 | $0.02 | quarterly | 2016-01-01 |
| 2015-09-09 | $0.02 | quarterly | 2015-10-01 |
| 2015-06-10 | $0.02 | quarterly | 2015-07-01 |
| 2015-03-11 | $0.02 | quarterly | 2015-04-01 |
| 2014-12-10 | $0.02 | quarterly | 2015-01-01 |
| 2014-09-10 | $0.02 | quarterly | 2014-10-01 |
| 2014-06-11 | $0.02 | quarterly | 2014-07-01 |
| 2014-03-12 | $0.02 | quarterly | 2014-04-01 |
| 2013-12-11 | $0.02 | quarterly | 2014-01-01 |
| 2013-09-11 | $0.02 | quarterly | 2013-10-01 |
| 2013-06-12 | $0.02 | quarterly | 2013-07-01 |
| 2013-03-13 | $0.02 | quarterly | 2013-04-01 |
Textron Dividend per year
Textron Dividend growth
Textron Dividend Yield
Textron current trailing twelve-month (TTM) dividend yield is 0.12%. Interested in purchasing Textron stock? Use our calculator to estimate your expected dividend yield:
Textron Financial Ratios
P/E ratio18.45
PEG ratio-0.63
P/B ratio2.34
ROE12.71%
Payout ratio2.27%
Current ratio1.83
Quick ratio0.82
Cash Ratio0.31
Textron Dividend FAQ
How much is the next Textron dividend?
Textron's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Textron dividend. The next Textron dividend will be released in March, June, September, or December.
When is Textron dividend paid?
Textron pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Textron pay?
The specific amount of Textron dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Textron's dividend history.
Does Textron stock pay dividends?
Yes, Textron does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Textron's dividend history.
How much dividend does Textron pay?
Textron paid $0.08 in 2024, $0.08 in 2023, $0.08 in 2022, $0.08 in 2021, and $0.08 in 2020.
How often does Textron pay dividends?
Textron typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Textron's dividend yield?
The current dividend yield for Textron is 0.12%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Textron's exact dividend yield.
When does Textron go ex dividend?
Textron's ex-dividend date for the latest dividend was on 2024-12-13. Textron typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Textron dividend paid?
Textron pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Textron increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Textron will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Textron dividend per share?
Textron paid $0.08 per share in 2024 and $0.08 per share in 2023. The amount of dividend per share that Textron pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Textron a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Textron a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Textron a dividend stock?
Yes, Textron is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Textron a good dividend stock?
Whether Textron is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Textron has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Textron as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Textron as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Textron pay dividends monthly?
Textron typically pays dividends on a quarterly basis.
Does Textron pay dividends quarterly?
Textron currently pays dividends on a quarterly basis.
Has Textron ever paid a dividend?
Yes, Textron has a history of paying dividends to its shareholders. Textron is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Textron dividend stocks?
To buy Textron you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Textron stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Textron stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Textron pay dividends 2024?
Textron pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Textron increase its dividend in 2024?
Decisions regarding Textron dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Textron dividend overview you can look into the above table of dividend history.
How Textron dividend works?
The Textron dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Textron's dividend process works:
1. Determination of Dividend: Textron's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Textron publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Textron distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Textron are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Textron's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Textron publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Textron distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Textron are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Textron dividends paid?
Textron dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Textron sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Textron distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Textron declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Textron sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Textron distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Textron declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Textron pay dividends?
Textron typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Textron pay dividends?
The general pattern is that Textron pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Textron dividend safe?
The safety of Textron's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Textron's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Textron's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Textron's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Textron's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.