Textron Inc. (NYSE:TXT) has announced a quarterly dividend of $0.02 per share, payable on April 1st to shareholders of record on March 13th. The aerospace company’s dividend payout ratio is 1.2%, with analysts expecting earnings to sufficiently cover future dividends. Textron recently reported quarterly earnings, missing estimates by $0.01 but showing a 15.6% increase in revenue year-over-year.
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Textron Inc. (NYSE:TXT) Declares Quarterly Dividend of $0.02
Textron Inc. (NYSE:TXT) has announced a quarterly dividend of $0.02 per share, payable on April 1st to shareholders of record on March 13th. The aerospace company’s dividend payout ratio is 1.2%, with analysts expecting earnings to sufficiently cover future dividends. Textron recently reported quarterly earnings, missing estimates by $0.01 but showing a 15.6% increase in revenue year-over-year.