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published in Blogs
Oct 01, 2022
Honeywell (HON, $166.97) announces 5% hike in dividend

Honeywell (HON, $166.97) announces 5% hike in dividend

Honeywell Board of Directors approved a hike in the company's regular annual cash dividend to $4.12 per share from $3.92.

“Honeywell continues to deliver strong financial performance despite challenging economic headwinds, and we are pleased to announce an increase to our dividend today for the 13th time over twelve consecutive years," said Chairman and CEO Darius Adamczyk.

The dividend boost will be effective beginning with Q4 dividend of $1.03 per share, which implies a 5% increase from $0.98. The dividend is payable to holders of record at the close of business on November 11, 2022.

 

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