Textron (STU:TXT) Dividend Payout Ratio : 0.01 (As of Sep. 2024)

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What is Textron Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Textron's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.01.

The historical rank and industry rank for Textron's Dividend Payout Ratio or its related term are showing as below:

STU:TXT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.05
Current: 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.

STU:TXT's Dividend Payout Ratio is ranked better than
99.28% of 138 companies
in the Aerospace & Defense industry
Industry Median: 0.325 vs STU:TXT: 0.01

As of today (2024-12-11), the Dividend Yield % of Textron is 0.09%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Textron was 0.36%. The lowest was 0.08%. And the median was 0.15%.

Textron's Dividends per Share for the months ended in Sep. 2024 was €0.02.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Textron Dividend Payout Ratio Historical Data

The historical data trend for Textron's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Textron Dividend Payout Ratio Chart

Textron Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.02

0.04

0.02

0.01

Textron Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.02	0.01	0.02	0.02	0.01

Competitive Comparison of Textron's Dividend Payout Ratio

For the Aerospace & Defense subindustry, Textron's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Textron's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Textron's Dividend Payout Ratio falls into.

Textron Dividend Payout Ratio Calculation

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.073	/	5.126
	=	0.01

Textron's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.018	/	1.261
	=	0.01

Textron (STU:TXT) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Textron Dividend Payout Ratio Related Terms

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Textron Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

TXT:USA TXT:Mexico 0LF0:UK TXT:Germany T1XT34:Brazil

Address

40 Westminster Street, Providence, RI, USA, 02903

Website

https://www.textron.com

Textron is a conglomerate that designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. Textron Aviation 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, which 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.