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 April 1, 2022, to shareholders on record as of the close of business on March 11, 2022. Textron operates in multiple industries, providing innovative solutions across its brands, including Bell and Cessna.

Positive

• Quarterly dividend of $0.02 per share declared, demonstrating ongoing shareholder returns.

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, 2022 to holders of record at the close of business on March 11, 2022.

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, 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/20220222005937/en/

INVESTOR:

Eric Salander – 401-457-2288

Cameron Vollmuth – 401-457-2288

MEDIA:

Michael Maynard – 401-457-2362

Source: Textron

FAQ

What is the dividend amount declared by Textron for 2022?

Textron has declared a quarterly dividend of $0.02 per share.

When will Textron's dividend be paid?

The dividend will be paid on April 1, 2022.

What is the record date for Textron's dividend?

The record date for the dividend is March 11, 2022.

How often does Textron pay dividends?

Textron pays dividends quarterly.

Is the dividend from Textron sustainable?

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