Textron Inc.

Textron Inc. TXT

Dividend Summary

The next Textron Inc. dividend will go ex in 1 month for 2c and will be paid in 2 months.
The previous Textron Inc. dividend was 2c and it went ex 2 months ago and it was paid 1 month ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 48.8.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Declared
Type Quarterly Quarterly
Per share 2c 2c
Declaration date 27 Jul 2020 (Mon) 28 Oct 2020 (Wed)
Ex-div date 10 Sep 2020 (Thu) 10 Dec 2020 (Thu)
Pay date 01 Oct 2020 (Thu) 01 Jan 2021 (Fri)

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Forecast Accuracy
100%
Our premium tools have predicted Textron Inc. with 100% accuracy.
Dividend Yield Today
0.2%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for Textron Inc.
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 23 Oct 2024 12 Dec 2024 01 Jan 2025 USD Sign up
Forecast Quarterly 22 Jul 2024 12 Sep 2024 01 Oct 2024 USD Sign up
Forecast Quarterly 24 Apr 2024 13 Jun 2024 01 Jul 2024 USD Sign up
Forecast Quarterly 28 Feb 2024 14 Mar 2024 01 Apr 2024 USD Sign up
Forecast Quarterly 25 Oct 2023 14 Dec 2023 01 Jan 2024 USD Sign up
Forecast Quarterly 24 Jul 2023 14 Sep 2023 01 Oct 2023 USD Sign up
Forecast Quarterly 26 Apr 2023 08 Jun 2023 01 Jul 2023 USD Sign up
Forecast Quarterly 22 Feb 2023 09 Mar 2023 01 Apr 2023 USD Sign up
Forecast Quarterly 26 Oct 2022 08 Dec 2022 01 Jan 2023 USD Sign up
Forecast Quarterly 25 Jul 2022 08 Sep 2022 01 Oct 2022 USD Sign up
Forecast Quarterly 27 Apr 2022 09 Jun 2022 01 Jul 2022 USD Sign up
Forecast Quarterly 23 Feb 2022 10 Mar 2022 01 Apr 2022 USD Sign up
Forecast Quarterly 27 Oct 2021 09 Dec 2021 01 Jan 2022 USD Sign up
Forecast Quarterly 26 Jul 2021 09 Sep 2021 01 Oct 2021 USD Sign up
Forecast Quarterly 28 Apr 2021 10 Jun 2021 01 Jul 2021 USD Sign up
Forecast Quarterly 24 Feb 2021 11 Mar 2021 01 Apr 2021 USD Sign up
Declared Quarterly 28 Oct 2020 10 Dec 2020 01 Jan 2021 USD 2c 2c 😄
Paid Quarterly 27 Jul 2020 10 Sep 2020 01 Oct 2020 USD 2c 2c 😄
Paid Quarterly 29 Apr 2020 11 Jun 2020 01 Jul 2020 USD 2c 2c 😄
Paid Quarterly 26 Feb 2020 12 Mar 2020 01 Apr 2020 USD 2c 2c 😄
Paid Quarterly 23 Oct 2019 12 Dec 2019 01 Jan 2020 USD 2c 2c 😄
Paid Quarterly 23 Jul 2019 12 Sep 2019 01 Oct 2019 USD 2c
Paid Quarterly 24 Apr 2019 13 Jun 2019 01 Jul 2019 USD 2c
Paid Quarterly 27 Feb 2019 14 Mar 2019 01 Apr 2019 USD 2c
Paid Quarterly 24 Oct 2018 13 Dec 2018 01 Jan 2019 USD 2c
Paid Quarterly 24 Jul 2018 13 Sep 2018 01 Oct 2018 USD 2c
Paid Quarterly 25 Apr 2018 14 Jun 2018 01 Jul 2018 USD 2c
Paid Quarterly 28 Feb 2018 09 Mar 2018 01 Apr 2018 USD 2c
Paid Quarterly 25 Oct 2017 14 Dec 2017 01 Jan 2018 USD 2c
Paid Quarterly 25 Jul 2017 14 Sep 2017 01 Oct 2017 USD 2c
Paid Quarterly 26 Apr 2017 07 Jun 2017 01 Jul 2017 USD 2c
Paid Quarterly 22 Feb 2017 08 Mar 2017 01 Apr 2017 USD 2c
Paid Quarterly 26 Oct 2016 07 Dec 2016 01 Jan 2017 USD 2c
Paid Quarterly 26 Jul 2016 07 Sep 2016 01 Oct 2016 USD 2c
Paid Quarterly 27 Apr 2016 08 Jun 2016 01 Jul 2016 USD 2c
Paid Quarterly 24 Feb 2016 09 Mar 2016 01 Apr 2016 USD 2c
Paid Quarterly 21 Oct 2015 09 Dec 2015 01 Jan 2016 USD 2c
Paid Quarterly 21 Jul 2015 09 Sep 2015 01 Oct 2015 USD 2c
Paid Quarterly 22 Apr 2015 10 Jun 2015 01 Jul 2015 USD 2c
Paid Quarterly 25 Feb 2015 11 Mar 2015 01 Apr 2015 USD 2c
Paid Quarterly 22 Oct 2014 10 Dec 2014 01 Jan 2015 USD 2c
Paid Quarterly 22 Jul 2014 10 Sep 2014 01 Oct 2014 USD 2c
Paid Quarterly 23 Apr 2014 11 Jun 2014 01 Jul 2014 USD 2c
Paid Quarterly 26 Feb 2014 12 Mar 2014 01 Apr 2014 USD 2c
Paid Quarterly 23 Oct 2013 11 Dec 2013 01 Jan 2014 USD 2c
Paid Quarterly 23 Jul 2013 11 Sep 2013 01 Oct 2013 USD 2c
Paid Quarterly 24 Apr 2013 12 Jun 2013 01 Jul 2013 USD 2c
Paid Quarterly 27 Feb 2013 13 Mar 2013 01 Apr 2013 USD 2c
Paid Quarterly 24 Oct 2012 12 Dec 2012 01 Jan 2013 USD 2c
Paid Quarterly 12 Sep 2012 01 Oct 2012 USD 2c
Paid Quarterly 13 Jun 2012 01 Jul 2012 USD 2c
Paid Quarterly 07 Mar 2012 01 Apr 2012 USD 2c
Year Amount Change
2006 0.0c
2007 0.0c
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0%
2008 0.0c
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0%
2009 0.0c
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0%
2010 0.0c
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0%
2011 0.0c
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0%
2012 8.0c
arrow_upward
100%
2013 8.0c
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0%
2014 8.0c
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0%
2015 8.0c
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0%
2016 8.0c
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0%
2017 8.0c
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0%
2018 8.0c
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0%
2019 8.0c
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0%
2020 Sign Up Required
2021 Sign Up Required
2022 Sign Up Required
2023 Sign Up Required
2024 Sign Up Required

Textron Inc. Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
0.2%
Optimized Yield
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52 Week High
0.4% on 11 March 2020
52 Week Low
0.2% on 12 December 2019
Next Ex-Div-Date Countdown
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About Textron Inc.

Textron Inc., incorporated on July 31, 1967, is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services across the world. The Company operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance.

Textron Aviation

The Textron Aviation segment is engaged in general aviation. It manufactures, sells and services Beechcraft and Cessna aircraft, and services the Hawker brand of business jets. The segment has two principal product lines: aircraft sales and aftermarket. Aircraft sales include business jets, turboprop aircraft, piston engine aircraft, and military trainer and defense aircraft. Aftermarket includes commercial parts sales, and maintenance, inspection and repair services. The family of jets produced by Textron Aviation includes the Mustang, Citation M2, Citation CJ3+, Citation CJ4, Citation XLS+, Citation Latitude, Citation Sovereign+ and Citation X+. In addition, Textron Aviation is developing the Citation Longitude.

The Textron Aviation's turboprop aircraft includes the Beechcraft King Air, which offers the King Air C90GTx, King Air 250, King Air 350ER and King Air 350i, and the Cessna Caravan, a utility turboprop. Textron Aviation also offers the T-6 trainer and AT-6 light attack military aircraft. Textron Aviation's piston engine aircraft includes the Beechcraft Baron and Bonanza, and the Cessna Skyhawk, Skylane, Turbo Stationair and TTx. The Scorpion represents aircraft offering capabilities, such as intelligence, surveillance and reconnaissance, humanitarian assistance, disaster relief, training and precision strike, designed primarily for the tactical military jet aviation market. As of February 2, 2018, Textron Aviation operated a global network of 18 service centers. As of February 2, 2018, Textron Aviation provided its customers with around-the-clock parts support and offered a mobile support program with over 60 mobile service units and several support aircraft.

Bell

The Bell Helicopter is a supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services across the world. Bell supplies military helicopters and support to the United States Government and to military customers outside the United States. Bell's primary United States Government programs include the V-22 tiltrotor aircraft and the H-1 helicopters. Bell produces and supports the V-22 tiltrotor aircraft for the United States Department of Defense (DoD). The H-1 helicopter program includes a utility model, the UH-1Y, and an attack model, the AH-1Z.

Through its commercial business, Bell is a supplier of commercially certified helicopters and support to corporate, offshore petroleum exploration and development, utility, charter, police, fire, rescue and emergency medical helicopter operators and foreign governments. Bell produces a range of commercial aircraft types, including light single and twin-engine helicopters and medium twin-engine helicopters, along with other related products. The helicopters offered by Bell for commercial applications include the 206L-4, 407, 407GT, 407GXP, 412EP, 412EPI, 429 and Huey II. As of February 2, 2018, for both its military programs and its commercial products, Bell provided post-sale support and service for an installed base of approximately 13,000 helicopters through a network of six Bell-operated service centers, four global parts distribution centers and over 100 independent service centers located in 35 countries. Its service sites offer a range of logistics support, including parts, support equipment, technical data, training devices, pilot and maintenance training, component repair and overhaul, engine repair and overhaul, aircraft modifications, aircraft customizing, accessory manufacturing, contractor maintenance, field service and product support engineering.

Textron Systems

The Textron Systems segment is a supplier to the defense, aerospace and general aviation markets. Textron Systems segment's product lines consist of unmanned aircraft systems, marine and land systems, weapons and sensors, simulation, training and other defense and aviation mission support products and services. The Textron Systems segment sells its products to the United States Government customers and to customers outside the United States through foreign military sales sponsored by the United States Government and directly through commercial sales channels. Its product lines include unmanned systems, weapons and sensors, marine and land systems, and simulation, training and other. The Unmanned systems consists of the unmanned systems and support solutions businesses. The Unmanned Systems business designs, manufactures and fields combat-proven unmanned aircraft systems, including the United States Army's tactical unmanned aircraft system, the Shadow.

The Company's weapons and sensors business consists of weapons, airborne and ground-based sensors and surveillance systems, and protection systems for the defense and aerospace industries. The marine and land systems business is engaged in the design, production and support of armored vehicles, turrets and related subsystems, as well as marine craft. It produces mobile and protective vehicles for the United States Army and international allies. It is developing the United States Navy's Landing Craft Air Cushion. The simulation, training and other business includes six businesses, including TRU Simulation + Training, Lycoming, Electronic Systems, Advanced Information Solutions, Geospatial Solutions and Textron Airborne Solutions.

TRU Simulation + Training business designs, develops, manufactures, installs and provides maintenance of flight training courseware and devices, including full flight simulators, for both rotary- and fixed-wing aircraft for commercial airlines, aircraft original equipment manufacturers (OEMs), flight training centers and training organizations across the world. Through its training centers, TRU Simulation + Training business provides initial type-rating and recurrency training for pilots, as well as maintenance training in its Aviation Maintenance Training Academy. Lycoming specializes in the engineering, manufacture, service and support of piston aircraft engines for the general aviation and remotely piloted aircraft markets. Electronic Systems provides technology test equipment and electronic warfare test and training solutions. Advanced Information Solutions and Geospatial Solutions provide intelligence software solutions for the United States and international defense, intelligence and law enforcement communities. Textron Airborne Solutions focuses on live military air-to-air and air-to-ship training and support services for the United States Navy, Marine and Air Force pilots.

Industrial Segment

The Industrial Segment designs and manufactures a range of products within three principal product lines. Its product lines include fuel systems and functional components,and specialized vehicles and equipment. The Company's fuel systems and functional components product line is operated by its Kautex business unit. Kautex is a developer and manufacturer of blow-molded plastic fuel systems for cars, light trucks, all-terrain vehicles, windshield and headlamp washer systems for automobiles and selective catalytic reduction systems used to reduce emissions from diesel engines. Kautex also produces cast iron engine camshafts, and develops and produces plastic bottles and containers for food, household, laboratory and industrial uses.

The Company's specialized vehicles and equipment product line includes the products designed, manufactured and sold by its Textron Specialized Vehicles and Jacobsen businesses. The Specialized Vehicles and Equipment product line includes the E-Z-GO, Textron Off Road, TUG Technologies, Douglas Equipment, Ransomes, Jacobsen, Cushman, and Premier and Safeaero businesses and brands. The businesses in this product line design, manufacture and sell golf cars, off-road utility vehicles, light transportation vehicles, aviation ground support equipment and professional turf-maintenance equipment, as well as specialized turf-care vehicles.

Textron Specialized Vehicles' customer base includes golf courses and resorts, government agencies and municipalities, consumers, and commercial and industrial users, such as factories, warehouses, airports, planned communities, hunting preserves, educational and corporate campuses, sporting venues, municipalities and landscaping professionals. 

Finance Segment

The Finance segment is a commercial finance business that consists of Textron Financial Corporation (TFC) and its subsidiaries. The Finance segment provides financing primarily to purchasers of new and pre-owned Textron Aviation aircraft and Bell helicopters.

Sector
Aerospace & Defence
Country
United States
Share Price
$35.80 (yesterday's closing price)
Shares in Issue
230 million
Market Cap
$8.2bn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
48.8
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
0
Market Indices
S&P 500
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