Textron Inc. (TXT) Ex-Dividend Date Scheduled for December 12, 2012


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Textron Inc. ( TXT ) has announced an ex-dividend date of December 12, 2012 and a cash dividend payment of $0.02 per share scheduled for January 01, 2013. Shareholders who purchased TXT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that TXT has paid the same dividend. At the current stock price of $23.79, the dividend yield is .34%.

The previous trading day's last sale of TXT was $23.79, representing a -18.47% decrease from the 52 week high of $29.18 and a 41.1% increase over the 52 week low of $16.86.

TXT is a part of the Capital Goods sector, which includes companies such as United Technologies Corporation ( UTX ) and Boeing Company ( BA ). TXT's current earnings per share, an indicator of a company's profitability, is $1.42. Zacks Investment Research reports TXT's forecasted earnings growth in 2012 as 56.66%, compared to an industry average of 8.7%.

For more information on the declaration, record and payment dates, visit the TXT Dividend History page.

Interested in gaining exposure to TXT through an Exchange Traded Fund [ETF]?
The following ETF(s) have TXT as a top-10 holding:

  • SPDR S&P Aerospace & Defense ETF ( XAR )
  • PowerShares Aerospace & Defense ( PPA )
  • iShares Dow Jones U.S. Aerospace & Defense Index Fund ( ITA )
  • Madrona Domestic ETF ( FWDD ).

The top-performing ETF of this group is PPA with an increase of 10.52% over the last 100 days. XAR has the highest percent weighting of TXT at 4.34%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: BA , FWDD , ITA , PPA , TXT , UTX , XAR

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