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 is set to be paid on April 1, 2023, to shareholders of record as of March 10, 2023. Textron operates across multiple industries, leveraging a global network that includes brands such as Bell, Cessna, and E-Z-GO. This dividend reflects the company’s ongoing commitment to returning value to its shareholders.

Positive

• Quarterly dividend declared at $0.02 per share.
• Dividend payment date set for April 1, 2023.

Negative

• 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 April 1, 2023 to holders of record at the close of business on March 10, 2023.

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, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. For more information, visit: www.textron.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230221005585/en/

Media:

Michael Maynard 401-457-2362

Investor:

Eric Salander 401-457-2288

Cameron Vollmuth 401-457-2288

Source: Textron

FAQ

When is the Textron dividend payment date?

The Textron dividend payment date is April 1, 2023.

What is the amount of the dividend declared by Textron?

Textron has declared a dividend of $0.02 per share.

What date do I need to own Textron shares to receive the dividend?

You need to own Textron shares by the close of business on March 10, 2023, to receive the dividend.

How often does Textron pay dividends?

Textron pays dividends quarterly.

Is the Textron dividend sustainable?

The sustainability of the Textron dividend would depend on the company's future financial performance and cash flow.