Textron Inc. (TXT) Dividends
Dividend Yield and Dividend History Highlights
- As for its free cash flow/dividend ratio, TXT's comes in at -60.39 -- better than 2.83% of other US-listed dividend issuers.
- As for stocks whose price is uncorrelated with TXT's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: RMAX, HASI, PETS, CMCT and CAAS.
TXT Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $87.59 | $1.79 | -97.64% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of TXT, the dividend discount model StockNews created for the company implies a negative return of 97.64%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Textron Inc are:
- Compared to other US stocks that pay a dividend, Textron Inc's dividend yield of 0.11% is in the bottom 0.58%.
- TXT's growth rate in terms of the amount of dividends it returns to shareholders is greater than 7.33% of its fellow dividend stocks in the Industrials sector.
- In terms of opportunity, TXT's provides a return of -97.64% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than only 0.75% of all stocks we measured with our dividend discount model.
TXT Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2023-12-14 | Dividend | $0.02 | -- |
| 2023-09-14 | Dividend | $0.02 | -- |
| 2023-06-08 | Dividend | $0.02 | -- |
| 2023-03-09 | Dividend | $0.02 | -- |
| 2022-12-08 | Dividend | $0.02 | -- |
| 2022-09-08 | Dividend | $0.02 | -- |
| 2022-06-09 | Dividend | $0.02 | -- |
| 2022-03-10 | Dividend | $0.02 | -92.00% |
| 2022-03-03 | Dividend | $0.25 | +1,150.00% |
| 2021-12-09 | Dividend | $0.02 | -- |
| 2021-09-09 | Dividend | $0.02 | -- |
| 2021-06-10 | Dividend | $0.02 | -- |
| 2021-03-11 | Dividend | $0.02 | -- |
| 2020-12-10 | Dividend | $0.02 | -- |
| 2020-09-10 | Dividend | $0.02 | -- |
| 2020-06-11 | Dividend | $0.02 | -- |
| 2020-03-12 | Dividend | $0.02 | -- |
| 2019-12-12 | Dividend | $0.02 | -- |
| 2019-09-12 | Dividend | $0.02 | -- |
| 2019-06-13 | Dividend | $0.02 | -- |
| 2019-03-14 | Dividend | $0.02 | -- |
| 2018-12-13 | Dividend | $0.02 | -- |
| 2018-09-13 | Dividend | $0.02 | -- |
| 2018-06-14 | Dividend | $0.02 | -- |
| 2018-03-09 | Dividend | $0.02 | -- |
| 2017-12-14 | Dividend | $0.02 | -- |
| 2017-09-14 | Dividend | $0.02 | -- |
| 2017-06-07 | Dividend | $0.02 | -- |
| 2017-03-08 | Dividend | $0.02 | -- |
| 2016-12-07 | Dividend | $0.02 | -- |
| 2016-09-07 | Dividend | $0.02 | -- |
| 2016-06-08 | Dividend | $0.02 | -- |
| 2016-03-09 | Dividend | $0.02 | -- |
| 2015-12-09 | Dividend | $0.02 | -- |
| 2015-09-09 | Dividend | $0.02 | -- |
| 2015-06-10 | Dividend | $0.02 | -- |
| 2015-03-11 | Dividend | $0.02 | -- |
| 2014-12-10 | Dividend | $0.02 | -- |
| 2014-09-10 | Dividend | $0.02 | -- |
| 2014-06-11 | Dividend | $0.02 | -- |
| 2014-03-12 | Dividend | $0.02 | -- |
| 2013-12-11 | Dividend | $0.02 | -- |
| 2013-09-11 | Dividend | $0.02 | -- |
| 2013-06-12 | Dividend | $0.02 | -- |
| 2013-03-13 | Dividend | $0.02 | -- |
| 2012-12-12 | Dividend | $0.02 | -- |
| 2012-09-12 | Dividend | $0.02 | -- |
| 2012-06-13 | Dividend | $0.02 | -- |
| 2012-03-07 | Dividend | $0.02 | -- |
| 2011-12-07 | Dividend | $0.02 | -- |
| 2011-09-07 | Dividend | $0.02 | -- |
| 2011-06-08 | Dividend | $0.02 | -- |
| 2011-03-09 | Dividend | $0.02 | -- |
| 2010-12-08 | Dividend | $0.02 | -- |
| 2010-09-08 | Dividend | $0.02 | -- |
| 2010-06-09 | Dividend | $0.02 | -- |
| 2010-03-10 | Dividend | $0.02 | -- |
| 2009-12-09 | Dividend | $0.02 | -- |
| 2009-09-09 | Dividend | $0.02 | -- |
| 2009-06-10 | Dividend | $0.02 | -- |
| 2009-03-11 | Dividend | $0.02 | -91.30% |
| 2008-12-10 | Dividend | $0.23 | -- |
| 2008-09-10 | Dividend | $0.23 | -- |
| 2008-06-11 | Dividend | $0.23 | -- |
| 2008-03-12 | Dividend | $0.23 | -- |
| 2007-12-12 | Dividend | $0.23 | -- |
| 2007-09-12 | Dividend | $0.23 | +17.95% |
| 2007-08-27 | Split | 2-1-for-1 Stock Split | N/A |
| 2007-06-13 | Dividend | $0.39 | -- |
| 2007-03-07 | Dividend | $0.39 | -- |
| 2006-12-13 | Dividend | $0.39 | -- |
| 2006-09-13 | Dividend | $0.39 | -- |
| 2006-06-07 | Dividend | $0.39 | -- |
| 2006-03-08 | Dividend | $0.39 | +10.71% |
| 2005-12-07 | Dividend | $0.35 | -- |
| 2005-09-07 | Dividend | $0.35 | -- |
| 2005-06-08 | Dividend | $0.35 | -- |
| 2005-03-09 | Dividend | $0.35 | -- |
| 2004-12-08 | Dividend | $0.35 | +7.69% |
| 2004-09-08 | Dividend | $0.33 | -- |
| 2004-06-09 | Dividend | $0.33 | -- |
| 2004-03-10 | Dividend | $0.33 | -- |
| 2003-12-10 | Dividend | $0.33 | -- |
| 2003-09-10 | Dividend | $0.33 | -- |
| 2003-06-11 | Dividend | $0.33 | -- |
| 2003-03-12 | Dividend | $0.33 | -- |
| 2002-12-11 | Dividend | $0.33 | -- |
| 2002-09-11 | Dividend | $0.33 | -- |
| 2002-06-12 | Dividend | $0.33 | -- |
| 2002-03-13 | Dividend | $0.33 | -- |
| 2001-12-12 | Dividend | $0.33 | -50.00% |
| 2001-09-12 | Dividend | $0.65 | +100.00% |
| 2001-06-13 | Dividend | $0.33 | -- |
| 2001-03-07 | Dividend | $0.33 | -- |
| 2000-12-13 | Dividend | $0.33 | -- |
| 2000-09-13 | Dividend | $0.33 | -- |
| 2000-06-13 | Dividend | $0.33 | -- |
| 2000-03-08 | Dividend | $0.33 | -- |
| 1999-12-08 | Dividend | $0.33 | -- |
| 1999-09-08 | Dividend | $0.33 | -- |
| 1999-06-09 | Dividend | $0.33 | -- |
| 1999-03-10 | Dividend | $0.33 | +128.07% |
| 1998-12-09 | Dividend | $0.14 | -- |
| 1998-09-09 | Dividend | $0.14 | -42.42% |
| 1998-06-25 | Dividend | $0.25 | +73.68% |
| 1998-06-10 | Dividend | $0.14 | -- |
| 1998-03-11 | Dividend | $0.14 | +14.00% |
| 1997-12-10 | Dividend | $0.13 | -- |
| 1997-09-10 | Dividend | $0.13 | -- |
| 1997-06-11 | Dividend | $0.13 | +100.00% |
| 1997-06-02 | Split | 2-1-for-1 Stock Split | N/A |
| 1997-03-12 | Dividend | $0.13 | +13.64% |
| 1996-12-11 | Dividend | $0.11 | -- |
| 1996-09-11 | Dividend | $0.11 | -- |
| 1996-06-12 | Dividend | $0.11 | -- |
| 1996-03-13 | Dividend | $0.11 | +12.82% |
| 1995-12-13 | Dividend | $0.10 | -- |
| 1995-09-13 | Dividend | $0.10 | -- |
| 1995-06-06 | Dividend | $0.10 | -- |
| 1995-03-06 | Dividend | $0.10 | +11.43% |
| 1994-12-05 | Dividend | $0.09 | -- |
| 1994-09-02 | Dividend | $0.09 | -- |
| 1994-06-06 | Dividend | $0.09 | -- |
| 1994-03-07 | Dividend | $0.09 | +12.90% |
| 1993-12-06 | Dividend | $0.08 | -- |
| 1993-09-03 | Dividend | $0.08 | -- |
| 1993-06-07 | Dividend | $0.08 | -- |
| 1993-03-08 | Dividend | $0.08 | +10.71% |
| 1992-12-07 | Dividend | $0.07 | -- |
| 1992-09-04 | Dividend | $0.07 | -- |
| 1992-06-08 | Dividend | $0.07 | -- |
| 1992-03-09 | Dividend | $0.07 | -- |
| 1991-12-09 | Dividend | $0.07 | +12.00% |
| 1991-09-09 | Dividend | $0.06 | -- |
| 1991-06-10 | Dividend | $0.06 | -- |
| 1991-03-11 | Dividend | $0.06 | -- |
| 1990-12-10 | Dividend | $0.06 | -- |
| 1990-09-10 | Dividend | $0.06 | -- |
| 1990-06-11 | Dividend | $0.06 | -- |
| 1990-03-05 | Dividend | $0.06 | -- |
| 1989-12-11 | Dividend | $0.06 | -- |
| 1989-09-11 | Dividend | $0.06 | -- |
| 1989-06-05 | Dividend | $0.06 | -- |
| 1989-03-06 | Dividend | $0.06 | -- |
| 1988-12-05 | Dividend | $0.06 | -- |
| 1988-09-02 | Dividend | $0.06 | -- |
| 1988-06-06 | Dividend | $0.06 | -- |
| 1988-03-07 | Dividend | $0.06 | -- |
| 1987-12-07 | Dividend | $0.06 | -- |
TXT Dividends vs. Peers
TXT's dividend yield currently ranks #65 of 110 vs. its peers in the Air/Defense Services category.
Looking for More Information on TXT dividends?
Here are a few links from around the web to help you further your research on Textron Inc and its dividends:Textron Inc Common Stock (TXT) Dividend History | Nasdaq
Dividend History for Textron Inc (TXT) - Dividend Investor
Textron Inc (TXT) Dividend History - Seeking Alpha