Textron Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Textron (NYSE:TXT) has declared a quarterly dividend of $0.02 per share on its Common Stock. This dividend will be paid on January 1, 2022 to shareholders on record as of the close of business on December 10, 2021.

Textron, a multi-industry company, operates globally across aircraft, defense, industrial, and finance sectors, delivering innovative solutions through renowned brands such as Bell, Cessna, and Jacobsen.

Positive

• Quarterly dividend of $0.02 per share announced, signaling confidence in shareholder returns.

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• None.

PROVIDENCE, R.I.--(BUSINESS WIRE)-- The Board of Directors of Textron Inc. (NYSE:TXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock.

All dividends will be paid on January 1, 2022 to holders of record at the close of business on December 10, 2021.

About Textron Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information visit: www.textron.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211027005845/en/

Investor Contacts:

Eric Salander – 401-457-2288

Cameron Vollmuth – 401-457-2288



Media Contact:

Michael Maynard – 401-457-2362

Source: Textron

FAQ

What is the dividend amount declared by Textron in 2021?

Textron declared a quarterly dividend of $0.02 per share.

When will Textron's dividend be paid?

The dividend will be paid on January 1, 2022.

What is the record date for Textron's dividend?

The record date for the dividend is December 10, 2021.

What sectors does Textron operate in?

Textron operates in aircraft, defense, industrial, and finance sectors.

Is Textron's dividend sustainable?

The sustainability of Textron's dividend will depend on its future earnings and cash flow.