Textron Inc.
TXTIndustrials · Aerospace & Defense · Stock · quarterly payer
Forward Yield
0.11%
Annual Dividend
$0.08
Payout Ratio
2%
5-Yr Growth
0.0%
Ex-Date
Sep 11, 2026
Frequency
Quarterly
Key facts about TXT's dividend
Data as of · Source: SmarterDividends data
- As of Oct 8, 2026, Textron Inc. (TXT) has a forward dividend yield of 0.11%, based on an annual dividend of $0.08 per share and a share price of $73.03.
- As of Oct 8, 2026, TXT's dividend safety grade from SmarterDividends is A (90 out of 100), which rates the dividend as very safe.
- TXT last cut its regular dividend in 2009.
- TXT's most recent ex-dividend date was Sep 11, 2026, for a dividend of $0.0200 per share.
- As of Oct 8, 2026, TXT pays out 2% of its trailing 12-month earnings as dividends (its payout ratio).
- TXT's dividend has been roughly flat over the past five years.
- As of Oct 8, 2026, SmarterDividends' blended fair-value estimate for TXT is $122.45 per share, 68% above the $73.03 share price, so TXT screens as undervalued.
- Textron Inc. (TXT) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "TXT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 8, 2026, https://smarterdividends.com/stocks/TXT
Summary
As of Oct 8, 2026, Textron Inc. (TXT) yields 0.11% ($0.08 a year per share) and has a dividend safety grade of A (90/100).
Is TXT a good dividend stock?
YesTextron Inc. (TXT) pays a quarterly dividend yielding 0.11% ($0.08/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (2%)
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 0.11%
- Payout Ratio
- 2%
- Annual Dividend
- $0.08
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Sep 11, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.91
- Market Cap
- $12.7B
- P/E Ratio
- 14.2
- 5-Yr Total Return
- 5%
- 52-Week Range
- $75.51 – $101.57
- Dividend Safety
- A · 90/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
Is TXT a good dividend stock?
Yes. Textron Inc. (TXT) pays a quarterly dividend yielding 0.11% ($0.08/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is TXT undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TXT's fair value is about $122.45 versus a $73.03 share price — so it looks undervalued (+68% vs. fair value).
Is TXT's dividend safe?
TXT has a dividend-safety grade of A (90/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2009, debt and yield-versus-history.
What is TXT's fair value?
Our blended fair-value estimate for TXT is about $122.45 per share, roughly 68% above the current $73.03 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is TXT a buy, hold, or sell?
We don't issue formal ratings, but on the data TXT screens as "yes" and undervalued. Textron Inc. (TXT) pays a quarterly dividend yielding 0.11% ($0.08/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will TXT cut its dividend?
TXT earns a dividend-safety grade of A (90/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does TXT pay a dividend?
Yes. Textron Inc. pays a quarterly dividend of about $0.08 per share annually, a forward yield of roughly 0.11%.
What is TXT's dividend yield?
As of Oct 8, 2026, TXT's forward dividend yield is 0.11%, based on a $0.08 annual dividend and a $73.03 share price.
What is TXT's dividend per share?
As of Oct 8, 2026, TXT pays $0.08 per share per year, distributed on a quarterly basis.
What is TXT's dividend payout ratio?
As of Oct 8, 2026, TXT's payout ratio is 2% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has TXT grown its dividend?
TXT does not currently have a long dividend-growth streak on record.
When is the next TXT ex-dividend date?
As of Oct 8, 2026, TXT's next ex-dividend date hasn't been announced. The most recent was Sep 11, 2026, for $0.0200 per share.
TXT Price — Last 12 Months
Daily close
Price Return
1 Year
-4%
3 Years
+2%
5 Years
+5%
52-Week Range
$75.51 – $101.57
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TXT worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Textron Inc. is $122.45 per share, versus a market price of $73.03. That implies 68% of upside — a margin of safety of about 40%.
Fair Value
$122.45
Current Price
$73.03
Upside
+68%
Margin of Safety
40%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 4.8% annual free-cash-flow growth. We model 10.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.8% discount rate (CAPM), 10.7% growth for five years fading to 2.5% over the next five, $5.31 EPS, $0.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TXT Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full TXT dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 11, 2026 | Oct 1, 2026 | $0.0200 | regular |
| Jun 12, 2026 | Jul 1, 2026 | $0.0200 | regular |
| Mar 13, 2026 | Apr 1, 2026 | $0.0200 | regular |
| Dec 12, 2025 | Jan 1, 2026 | $0.0200 | regular |
| Sep 12, 2025 | Oct 1, 2025 | $0.0200 | regular |
| Jun 13, 2025 | Jul 1, 2025 | $0.0200 | regular |
| Mar 14, 2025 | Apr 1, 2025 | $0.0200 | regular |
| Dec 13, 2024 | Jan 1, 2025 | $0.0200 | regular |
| Sep 13, 2024 | Oct 1, 2024 | $0.0200 | regular |
| Jun 14, 2024 | Jul 1, 2024 | $0.0200 | regular |
| Mar 14, 2024 | Apr 1, 2024 | $0.0200 | regular |
| Dec 14, 2023 | Jan 1, 2024 | $0.0200 | regular |
| Sep 14, 2023 | Oct 1, 2023 | $0.0200 | regular |
| Jun 8, 2023 | Jul 1, 2023 | $0.0200 | regular |
Income Calculator
At $0.08 / yr per share
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