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Textron (Textron) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Textron 3-Year Dividend Growth Rate?

Textron's Dividends per Share for the three months ended in Dec. 2023 was $0.02.

The historical rank and industry rank for Textron's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Textron was 64.70% per year. The lowest was -55.70% per year. And the median was 6.70% per year.

TXT's 3-Year Dividend Growth Rate is not ranked *
in the Aerospace & Defense industry.
Industry Median: 9.85
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Textron's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.01. As of today, Textron's Dividend Yield % is 0.10%.

Warning Sign:

Textron Inc stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Textron's 3-Year Dividend Growth Rate

For the Aerospace & Defense subindustry, Textron's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Textron's 3-Year Dividend Growth Rate Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Textron's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Textron's 3-Year Dividend Growth Rate falls into.



Textron 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Textron  (NYSE:TXT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Textron's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.02/ 1.6
=0.01

During the past 13 years, the highest Dividend Payout Ratio of Textron was 0.05. The lowest was 0.01. And the median was 0.02.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Textron Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0202024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.0202023-12-142023-12-152024-01-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.0202023-09-142023-09-152023-10-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.0202023-06-082023-06-092023-07-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Textron's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.08/84.90
=0.09 %

Current Share Price is $84.90.
Textron's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.08.

During the past 13 years, the highest Dividend Yield of Textron was 0.36%. The lowest was 0.08%. And the median was 0.17%.

Warning Sign:

Textron Inc stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Textron 3-Year Dividend Growth Rate Related Terms>


Textron (Textron) Business Description

Traded in Other Exchanges
Address
40 Westminster Street, Providence, RI, USA, 02903
Textron is a conglomerate that mostly designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. The firm's aviation segment manufactures and services Cessna and Beechcraft planes. Bell is a helicopter and tilt-rotor manufacturer and servicer for both commercial and military customers. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators and training for the commercial and military markets. Textron Industrial contains the Kautex business that manufactures plastic fuel tanks for conventional and hybrid motor vehicles and other subsidiaries that produce specialized vehicles such as golf carts, snowmobiles, and all-terrain vehicles.
Executives
R Kerry Clark director C/O THE PROCTER & GAMBLE COMPANY, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Michael X Garrett director 6521 CHIPSTEAD LANE, CHARLOTTE NC 28277
Frank T Connor officer: Executive VP and CFO 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Scott C Donnelly officer: Executive VP and COO
Thomas A Kennedy director 870 WINTER STREET, WALTHAM MA 02451
Richard F Ambrose director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Mark S Bamford officer: VP and Corporate Controller 40 WESTMINSTER STREET, PROVIDENCE RI 02903
E Robert Lupone officer: EVP, General Counsel and Secy 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Kathleen M Bader director 2030 DOW CENTER, MIDLAND MI 49640
Nowell Lionel L Iii director 401 NORTH MAIN STREET, WINSTON-SALEM NC 27101
Julie G Duffy officer: Executive VP - Human Resources 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Deborah L James director 1710 SAIC DRIVE, MCLEAN VA 22102
Ralph D Heath director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Maria T Zuber director 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Cheryl H Johnson officer: Executive VP, Human Resources 40 WESTMINSTER STREET, PROVIDENCE RI 02903

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