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%.