Textron declares quarterly dividend

PROVIDENCE — The board of directors for Textron Inc. has declared a quarterly dividend of 32.5 cents per share on the company’s common stock. The board also declared a quarterly dividend of 52 cents per share on Textron’s $2.08 Cumulative Convertible Preferred Stock, Series A, and 35 cents per share on the company’s $1.40 Convertible Preferred Dividend Stock, Series B.

All dividends will be paid on July 1 to stockholders of record at the close of business on June 15, the company said.

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