NYSE:TXTAerospace & Defense
Textron Dividend And Shelf Filing Shape Capital Options And Valuation
Textron (NYSE:TXT) has declared a quarterly dividend to be paid to shareholders.
The company has also filed a shelf registration that would allow it to issue various types of securities in the future.
These moves affect both near term shareholder returns and the company’s potential options for raising capital.
Textron, the parent company behind businesses in aviation, defense and industrial products, is updating its financial toolkit at the same time it is returning cash to investors. The...