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Textron Inc. (TXT) Ex-Dividend Date Scheduled for September 07, 2016

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%.

For more information on the declaration, record and payment dates, visit the TXT Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to TXT through an Exchange Traded Fund [ETF]?

The following ETF(s) have TXT as a top-10 holding:

  • PowerShares Aerospace & Defense ( PPA )
  • iShares U.S. Aerospace & Defense ETF ( ITA ).

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%.

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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