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Textron (Textron) Forward Dividend Yield % : 0.09% (As of Apr. 27, 2024)


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What is Textron Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Textron is 0.09%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Textron is 0.09%.

TXT's Forward Dividend Yield % is ranked worse than
96.48% of 142 companies
in the Aerospace & Defense industry
Industry Median: 1.075 vs TXT: 0.09

Textron's Dividends per Share for the three months ended in Mar. 2024 was $0.02.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Textron was 64.70% per year. The lowest was -55.70% per year. And the median was 6.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Textron's Forward Dividend Yield %

For the Aerospace & Defense subindustry, Textron's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Textron's Forward Dividend Yield % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Textron's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Textron's Forward Dividend Yield % falls into.



Textron Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Textron Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0202024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.0202023-12-142023-12-152024-01-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.0202023-09-142023-09-152023-10-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.0202023-06-082023-06-092023-07-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Textron's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.08/86.51
=0.09 %

Current Share Price is $86.51.
Textron's Dividends per Share for the forward twelve months is calculated as $0.02 * 4 = $0.08.

Textron's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.08/86.51
=0.09 %

Current Share Price is $86.51.
Textron's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.08.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Textron  (NYSE:TXT) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Textron Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Textron's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Textron (Textron) Business Description

Traded in Other Exchanges
Address
40 Westminster Street, Providence, RI, USA, 02903
Textron is a conglomerate that mostly designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. The firm's aviation segment manufactures and services Cessna and Beechcraft planes. Bell is a helicopter and tilt-rotor manufacturer and servicer for both commercial and military customers. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators and training for the commercial and military markets. Textron Industrial contains the Kautex business that manufactures plastic fuel tanks for conventional and hybrid motor vehicles and other subsidiaries that produce specialized vehicles such as golf carts, snowmobiles, and all-terrain vehicles.
Executives
R Kerry Clark director C/O THE PROCTER & GAMBLE COMPANY, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Michael X Garrett director 6521 CHIPSTEAD LANE, CHARLOTTE NC 28277
Frank T Connor officer: Executive VP and CFO 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Scott C Donnelly officer: Executive VP and COO
Thomas A Kennedy director 870 WINTER STREET, WALTHAM MA 02451
Richard F Ambrose director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Mark S Bamford officer: VP and Corporate Controller 40 WESTMINSTER STREET, PROVIDENCE RI 02903
E Robert Lupone officer: EVP, General Counsel and Secy 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Kathleen M Bader director 2030 DOW CENTER, MIDLAND MI 49640
Nowell Lionel L Iii director 401 NORTH MAIN STREET, WINSTON-SALEM NC 27101
Julie G Duffy officer: Executive VP - Human Resources 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Deborah L James director 1710 SAIC DRIVE, MCLEAN VA 22102
Ralph D Heath director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Maria T Zuber director 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Cheryl H Johnson officer: Executive VP, Human Resources 40 WESTMINSTER STREET, PROVIDENCE RI 02903

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