Textron Inc. ( TXT ) will begin trading ex-dividend on September 07, 2016. A cash dividend payment of $0.02 per share is scheduled to be paid on October 01, 2016. Shareholders who purchased TXT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 31st quarter that TXT has paid the same dividend. At the current stock price of $41.12, the dividend yield is .19%.
The previous trading day's last sale of TXT was $41.12, representing a -6.4% decrease from the 52 week high of $43.93 and a 34.01% increase over the 52 week low of $30.69.
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 $2.65. Zacks Investment Research reports TXT's forecasted earnings growth in 2016 as 8.93%, compared to an industry average of -.2%.
Interested in gaining exposure to TXT through an Exchange Traded Fund [ETF]?
The following ETF(s) have TXT as a top-10 holding:
The top-performing ETF of this group is ITA with an increase of 10.03% over the last 100 days. PPA has the highest percent weighting of TXT at 3.94%.