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Textron Inc. (TXT) Ex-Dividend Date Scheduled for March 13, 2013

Textron Inc. ( TXT ) will begin trading ex-dividend on March 13, 2013. A cash dividend payment of $0.02 per share is scheduled to be paid on April 01, 2013. Shareholders who purchased TXT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 17th quarter that TXT has paid the same dividend.

The previous trading day's last sale of TXT was $30.4, representing a -0.18% decrease from the 52 week high of $30.46 and a 38.37% increase over the 52 week low of $21.97.

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 $2. Zacks Investment Research reports TXT's forecasted earnings growth in 2013 as 10.1%, compared to an industry average of 2.4%.

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 )
  • Guggenheim S&P 500 Equal Weight Industrials ETF ( RGI ).

The top-performing ETF of this group is FWDD with an increase of 24.02% over the last 100 days. XAR has the highest percent weighting of TXT at 5.08%.

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


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

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