On September 29, 2023, Honeywell International (HON) announced a new dividend hike of 4.9% to $1.08 quarterly per share. This marks the 13th consecutive year of dividend increases by the industrial company with a 5 year CAGR of 5.7%. At a stock price of $185 the dividend yields 2.2% to HON shareholders. The increase will be effective starting with the fourth-quarter dividend of $1.08 per share, which was declared today, and is payable on December 1, 2023, out of surplus to holders of record at the close of business on November 10, 2023. "For the 14th time in 13 consecutive years, Honeywell is increasing its dividend," said Vimal Kapur, chief executive officer of Honeywell. "As we align our portfolio with the megatrends of the future – automation, the future of aviation and energy transition – underpinned by the Honeywell Accelerator operating system as the foundation for profitable growth, we will continue driving value for our shareholders." Honeywell Internationa...