Textron Dividend yield

Textron is part of Aerospace and Defense business, which is part of Industrials industry. Textron is a company from USA, and his stocks are publicly traded.

Textron stock dividend

Textron paid a total dividend of 16 million USD last year, for a market value of 15,697 millions (Market Cap 15,615 millions). Textron dividend per share is 0.08 USD, and his stock market price 77.71 USD.

According to the chart below, where dividend yield is displayed, Textron has a dividend yield of 0.10%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Textron stocks dividend with other Aerospace and Defense companies or other of the highest USA dividend stocks list.

Textron Dividend Payout

About the ability of Textron to maintain his current dividend of USD 0.08 per share, an amount that accounts for 0.10%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Textron payout on ernings is currently 1.77%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Textroncan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Textron is USD 7.40 per share, which is higher than the dividend per share paid by the company of USD 0.08, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Textron, compared againt world market average, USA companies, Industrials industry and Aerospace and Defense sector companies.

Textron Dividend History

Below you will find a table with the historical evolution of Textron's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	0.10%	0.08	1.77%	202
2022	0.11%	0.08	2.09%	209
2021	0.10%	0.08	4.85%	220
2020	0.17%	0.08	2.08%	228
2019	0.18%	0.08	1.45%	230
2018	0.17%	0.08	3.04%	243
2017	0.14%	0.08	2.33%	265
2016	0.17%	0.08	2.84%	269
2015	0.19%	0.08	3.33%	278

*In millions

Then you can see the evolution of Textron dividend stock, and compare it with the average of USA stocks and that of the Aerospace and Defense stocks.

Textron Stock performance

Finally, last moth Textron showed a return of -0.10% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 24.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Aerospace and Defense firms.