Owners of Textron (NYSE: TXT) shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $29.16 as of 9:36 a.m. ET, the dividend yield is 0.3%.

The average volume for Textron has been 2.4 million shares per day over the past 30 days. Textron has a market cap of $7.9 billion and is part of the aerospace/defense industry. Shares are up 13.6% year to date as of the close of trading on Monday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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 15.83.

TheStreet Ratings rates Textron as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, notable return on equity, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Textron Ratings Report now.

If you liked this article you might like

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Monday: JRI, AVK, KNL

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Wednesday: JRI, JPI, JPS

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: JRI, APTS, WOR

Tomorrow's Ex-Dividends To Watch: NBD, JRI, JRO

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: CCUR, JRI, JFR