Textron Inc. (TXT) Dividend History
Income profile from 1973 to 2026 with payout safety and yield-on-cost trend
TXT Dividend Income Check
Safety
2.1% payout ratio with sustainable safety profile.
Consistency
2 straight years of dividend increases.
Income Trend
Yield on cost is 0.2% and trend is flat.
TXT Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
TXT Income Growth Story
Dividend per share and yield on cost over time (44 years of payments)
TXT Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Textron Inc. distributes 2.1% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 2.6%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
TXT has raised its dividend for 2 consecutive years, with a 3-year CAGR of 0.0% and 5-year CAGR of 0.0%.
Total Shareholder Returns
Beyond cash dividends, TXT returns capital through share repurchases. The combined picture: 0.1% dividend yield, 6.8% buyback yield, 6.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 0.2% and is currently flat. The 5-year total return is 35.1%, with dividends contributing 0.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $24,281 today.
TXT Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 12, 2026Latest | $0.0200 | — | 8.44% | Jul 1, 2026 |
| Mar 13, 2026 | $0.0200 | — | 8.79% | Apr 1, 2026 |
| Dec 12, 2025 | $0.0200 | — | 9.18% | Jan 1, 2026 |
| Sep 12, 2025 | $0.0200 | — | 9.85% | Oct 1, 2025 |
| Jun 13, 2025 | $0.0200 | — | 10.34% | Jul 1, 2025 |
| Mar 14, 2025 | $0.0200 | — | 10.93% | Apr 1, 2025 |
| Dec 13, 2024 | $0.0200 | — | 9.89% | Jan 1, 2025 |
| Sep 13, 2024 | $0.0200 | — | 9.12% | Oct 1, 2024 |
TXT Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $15.9B | 0.1% | 2.1% | 2 | Sustainable | |
3rd | $94.0B | 1.7% | 37.8% | 12 | Sustainable |
| $56.3B | 1.6% | 56.2% | 6 | Sustainable | |
2nd | $12.4B | 1.7% | 35.2% | 13 | Sustainable |
| $78.4B | 1.6% | 30.9% | 22 | Sustainable | |
1st | $118.1B | 2.6% | 62.4% | 23 | Watch |
| $182.1B | 0.2% | — | 0 | Unknown | |
| $238.1B | 1.5% | 53.1% | 4 | Sustainable | |
| $24.4B | 0.1% | 4.6% | 10 | Sustainable |
TXT Annual Dividend History (1973–2026)
44 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.04 | — | 2 | — | — | — | 0.1% |
| 2025 | $0.08 | 0.0% | 4 | $5.11 | 1.6% | 63.88x | 0.2% |
| 2024 | $0.08 | 0.0% | 4 | $4.33 | 1.8% | 54.13x | 0.2% |
| 2023 | $0.08 | 0.0% | 4 | $4.56 | 1.8% | 57.00x | 0.2% |
| 2022 | $0.08 | 0.0% | 4 | $4.01 | 2.0% | 50.12x | 0.2% |
| 2021 | $0.08 | 0.0% | 4 | $3.30 | 2.4% | 41.25x | 0.2% |
| 2020 | $0.08 | 0.0% | 4 | $1.35 | 5.9% | 16.88x | 0.2% |
| 2019 | $0.08 | 0.0% | 4 | $3.50 | 2.3% | 43.75x | 0.2% |
| 2018 | $0.08 | 0.0% | 4 | $4.83 | 1.7% | 60.37x | 0.2% |
| 2017 | $0.08 | 0.0% | 4 | $1.14 | 7.0% | 14.25x | 0.2% |
Full TXT Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See TXT's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonTXT — Frequently Asked Questions
Quick answers to the most common questions about buying TXT stock.
How much dividend does TXT pay per share?
Textron Inc. (TXT) pays a trailing 12-month dividend of $0.11 per share, with a current dividend yield of +0.1%. Payments are made Semi-Annual.
When is TXT's next ex-dividend date?
TXT's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TXT typically pays dividends Semi-Annual.
Is TXT's dividend safe?
TXT's dividend safety is rated "Sustainable" based on an earnings payout ratio of +2.1% and FCF payout ratio of +2.6%. The 2-year growth streak provides moderate confidence.
How many years has TXT increased its dividend?
TXT has 2 consecutive years of dividend growth. The 5-year dividend CAGR is +0.0%.
How often does TXT pay dividends?
Textron Inc. pays dividends Semi-Annual. The trailing 12-month total is $0.11 per share. Dividend data on this page covers 53+ years from 1973 to 2026.
How much would $10,000 invested in TXT grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TXT five years ago would be worth approximately $13,512 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TXT's yield on cost for long-term holders?
TXT's yield on cost — the current dividend divided by the original purchase price — is +0.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.1% market yield, thanks to the lower original cost basis.