TXT Textron dividend history, payout ratio & dates
Textron's most recent dividend of $0.02 per share was on Sep 13, 2024 (ex-date). At an annualized rate of $0.08 per share, the stock yields 0.1%.
Key dates
- TXT last dividend date: Sep 13, 2024
TXT dividend stats
vs. Industrials sector
Dividend yield
Textron's dividend yield of 0.1% is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.38%, Textron's dividend yield is 93% lower. The historical 5-year average of TXT's dividend yield is 0.1%, which is higher than the current one.
Dividend history
Textron has a history of paying dividends since 1994. Our records of TXT show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone up by 9% from a year ago, the dividend yield has decreased by 6%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 13, 2024 | $0.02 | 0.09% |
| Jun 14, 2024 | $0.02 | 0.09% |
| Mar 14, 2024 | $0.02 | 0.09% |
| Dec 14, 2023 | $0.02 | 0.1% |
| Sep 14, 2023 | $0.02 | 0.11% |
| Jun 8, 2023 | $0.02 | 0.12% |
| Mar 9, 2023 | $0.02 | 0.11% |
| Dec 8, 2022 | $0.02 | 0.11% |
| Sep 8, 2022 | $0.02 | 0.12% |
| Jun 9, 2022 | $0.02 | 0.12% |
| Mar 10, 2022 | $0.02 | 0.12% |
| Dec 9, 2021 | $0.02 | 0.11% |
| Sep 9, 2021 | $0.02 | 0.11% |
| Jun 10, 2021 | $0.02 | 0.12% |
| Mar 11, 2021 | $0.02 | 0.15% |
| Dec 10, 2020 | $0.02 | 0.17% |
| Sep 10, 2020 | $0.02 | 0.21% |
| Jun 11, 2020 | $0.02 | 0.25% |
| Mar 12, 2020 | $0.02 | 0.32% |
| Dec 12, 2019 | $0.02 | 0.18% |
| Sep 12, 2019 | $0.02 | 0.16% |
| Jun 13, 2019 | $0.02 | 0.16% |
| Mar 14, 2019 | $0.02 | 0.15% |
| Dec 13, 2018 | $0.02 | 0.16% |
| Sep 13, 2018 | $0.02 | 0.11% |
| Jun 14, 2018 | $0.02 | 0.12% |
| Mar 9, 2018 | $0.02 | 0.13% |
| Dec 14, 2017 | $0.02 | 0.15% |
| Sep 14, 2017 | $0.02 | 0.15% |
| Jun 7, 2017 | $0.02 | 0.17% |
| Mar 8, 2017 | $0.02 | 0.17% |
| Dec 7, 2016 | $0.02 | 0.17% |
| Sep 7, 2016 | $0.02 | 0.2% |
| Jun 8, 2016 | $0.02 | 0.2% |
| Mar 9, 2016 | $0.02 | 0.24% |
| Dec 9, 2015 | $0.02 | 0.19% |
| Sep 9, 2015 | $0.02 | 0.2% |
| Jun 10, 2015 | $0.02 | 0.17% |
| Mar 11, 2015 | $0.02 | 0.19% |
Textron dividend payout ratio
Payout ratio
Textron's payout ratio of 1.7% is below the Industrials sector and the industry average. If we compare it with its Industrials sector average of 30.7%, Textron's payout ratio is 94% lower.
Total amount of dividends paid per financial year (from cash flow)
TXT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LMT Lockheed Martin Corp | 2.3% | $12.6 | 45.4% |
| GD General Dynamics Corp | 1.84% | $5.58 | 42% |
| TXT Textron Inc | 0.1% | $0.08 | 1.7% |
| SPR Spirit AeroSystems Holdings Inc | N/A | N/A | N/A |
Frequently asked questions
Does Textron pay a dividend?
Yes, Textron has paid four dividends in the last 12 months. TXT has been paying dividends since 1994.
When was TXT's last dividend?
Textron's last dividend ex-date was on Sep 13, 2024. The dividend amount was $0.02 per share.
How much dividend does Textron pay (per share)?
TXT has paid dividend of $0.08 per share in the last year.
What is Textron's dividend yield?
Currently Textron's dividend yield is 0.1%.
How often does Textron pay dividends?
Textron has a quarterly dividend frequency.
What is Textron's dividend payout ratio?
The dividend payout ratio of Textron is 1.7%.
Does Textron pay a good dividend?
Textron's dividend yield is lower than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.