Textron (NYSE: TXT) shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $30.60 as of 9:35 a.m. ET, the dividend yield is 0.3%. The average volume for Textron has been 2.7 million shares per day over the past 30 days. Textron has a market cap of $8.3 billion and is part of the aerospace/defense industry. Shares are up 23.8% year to date as of the close of trading on Monday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates in five segments: Cessna, Bell, Textron Systems, Industrial, and Finance. The company has a P/E ratio of 15.43. Currently there are 8 analysts that rate Textron a buy, no analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Textron as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Textron Ratings Report now.
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