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. The dividends will be disbursed on October 1, 2021 to shareholders on record as of the close of business on September 10, 2021.

Textron operates across various industries, utilizing its global network to deliver innovative solutions, and features well-known brands including Bell, Cessna, and E-Z-GO.

Positive

• Quarterly dividend of $0.02 per share boosts shareholder income.
• Demonstrates the company's confidence in ongoing profitability.

Negative

• None.

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 October 1, 2021 to holders of record at the close of business on September 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/20210727006116/en/

FAQ

What is the dividend amount declared by Textron (TXT) for the upcoming quarter?

Textron has declared a dividend of $0.02 per share.

When will Textron (TXT) pay its declared dividend?

The dividend will be paid on October 1, 2021.

What is the record date for Textron's (TXT) dividend payment?

The record date is September 10, 2021.

How often does Textron (TXT) pay dividends?

Textron typically pays dividends quarterly.

Is Textron's (TXT) dividend sustainable?

Sustainability of dividends would depend on the company's ongoing financial performance.