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TXT Textron dividend history, payout ratio & dates

Textron's most recent quarterly dividend of $0.02 per share was on Sep 8, 2022 (ex-date). At an annualized rate of $0.31 per share, the stock yields 0.53%.

Key dates

  • TXT last dividend date: Sep 8, 2022
  • TXT next dividend date: Not announced
TXT dividend stats
DPS
$0.31
Dividend yield
0.52%
Payout ratio
8.4%
vs. Industrials sector
Dividend yield
1.74%
Payout ratio
28.9%

Dividend yield

What is Textron current dividend yield

Textron's dividend yield of 0.53% is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.74%, Textron's dividend yield is 70% lower. The historical 5-year average of TXT's dividend yield is 0.2%, which is lower than the current one.

Dividend history

What is TXT dividend payout history and dates

Textron has a history of paying dividends since 1994. Our records of TXT show that the company has issued five quarterly dividends in the last twelve months. The annualized DPS has increased by 288% for the last year. And since the stock price has gone down by 18% from a year ago, the dividend yield has increased by 371%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 8, 2022 Oct 1, 2022 Jul 26, 2022 $0.02 normal
Jun 9, 2022 Jul 1, 2022 Apr 27, 2022 $0.02 normal
Mar 10, 2022 Apr 1, 2022 Feb 23, 2022 $0.02 normal
Mar 3, 2022 Mar 15, 2022 Feb 10, 2022 $0.25 normal
Dec 9, 2021 Jan 1, 2022 Oct 27, 2021 $0.02 normal
Sep 9, 2021 Oct 1, 2021 $0.02 normal
Jun 10, 2021 Jul 1, 2021 Apr 28, 2021 $0.02 normal
Mar 11, 2021 Apr 1, 2021 Feb 24, 2021 $0.02 normal
Dec 10, 2020 Jan 1, 2021 Oct 28, 2020 $0.02 normal
Sep 10, 2020 Oct 1, 2020 Jul 27, 2020 $0.02 normal
Jun 11, 2020 Jul 1, 2020 Apr 29, 2020 $0.02 normal
Mar 12, 2020 Apr 1, 2020 Feb 26, 2020 $0.02 normal
Dec 12, 2019 Jan 1, 2020 Oct 23, 2019 $0.02 normal
Sep 12, 2019 Oct 1, 2019 Jul 23, 2019 $0.02 normal
Jun 13, 2019 Jul 1, 2019 Apr 24, 2019 $0.02 normal
Mar 14, 2019 Apr 1, 2019 Feb 27, 2019 $0.02 normal
Dec 13, 2018 Jan 1, 2019 Oct 24, 2018 $0.02 normal
Sep 13, 2018 Oct 1, 2018 Jul 24, 2018 $0.02 normal
Jun 14, 2018 Jul 1, 2018 Apr 25, 2018 $0.02 normal
Mar 9, 2018 Apr 1, 2018 Feb 28, 2018 $0.02 normal
Dec 14, 2017 Jan 1, 2018 Oct 25, 2017 $0.02 normal
Sep 14, 2017 Oct 1, 2017 Jul 25, 2017 $0.02 normal
Jun 7, 2017 Jul 1, 2017 Apr 26, 2017 $0.02 normal
Mar 8, 2017 Apr 1, 2017 Feb 22, 2017 $0.02 normal
Dec 7, 2016 Jan 1, 2017 Oct 26, 2016 $0.02 normal
Sep 7, 2016 Oct 1, 2016 Jul 26, 2016 $0.02 normal
Jun 8, 2016 Jul 1, 2016 Apr 27, 2016 $0.02 normal
Mar 9, 2016 Apr 1, 2016 Feb 24, 2016 $0.02 normal
Dec 9, 2015 Jan 1, 2016 Oct 21, 2015 $0.02 normal
Sep 9, 2015 Oct 1, 2015 Jul 21, 2015 $0.02 normal

Textron dividend payout ratio

What is Textron dividend payout ratio compared to the sector

Payout ratio

Textron's payout ratio of 8.4% is below the Industrials sector and the industry average. If we compare it with its Industrials sector average of 28.9%, Textron's payout ratio is 71% lower.

Total amount of dividends paid per financial year (from cash flow)

TXT dividend vs peer dividends

How does TXT dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
LMT Lockheed Martin Corp 2.84% $11.2 64.7%
GD General Dynamics Corp 2.26% $4.9 41.2%
TXT Textron Inc 0.52% $0.31 8.4%
SPR Spirit AeroSystems Holdings Inc 0.18% $0.04 N/A

Frequently asked questions

Does Textron pay a dividend?

Yes, Textron has paid five dividends in the last 12 months. TXT has been paying dividends since 1994.

When is Textron's next dividend?

Currently TXT's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2022.

When was TXT's last dividend?

Textron's last dividend ex-date was on Sep 8, 2022. The dividend amount was $0.02 per share.

How much dividend does Textron pay (per share)?

TXT has paid dividend of $0.31 per share in the last year.

What is Textron's dividend yield?

Currently Textron's dividend yield is 0.53%.

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 8.4%.

Does Textron pay a good dividend?

Textron's dividend yield is lower than the Industrials sector average.