Textron Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Textron declared a quarterly dividend of $0.02 per share on its Common Stock, strengthening commitment to shareholders. Payment will occur on April 1, 2021, for holders of record as of March 12, 2021. This dividend declaration reflects Textron's overall strategy to provide returns to investors while maintaining growth across its diverse operations in aircraft, defense, and industrial sectors.

Positive

• Quarterly dividend of $0.02 per share declared, reinforcing shareholder returns.
• Dividend payment scheduled for April 1, 2021, supports investor confidence.

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 April 1, 2021 to holders of record at the close of business on March 12, 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/20210224005884/en/

FAQ

What is the dividend amount declared by Textron for 2021?

Textron declared a quarterly dividend of $0.02 per share.

When will Textron's dividend be paid?

The dividend will be paid on April 1, 2021.

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

The record date for the dividend payment is March 12, 2021.

How often does Textron pay dividends?

Textron typically pays dividends quarterly.

Is the dividend declared by Textron sustainable?

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