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Showing posts with the label Honeywell

Honeywell hikes dividend by 5.3%

Honeywell (HON) will hike its quarterly dividend by 5.3% to $1.19 quarterly per share in 2025. This marks 15 consecutive years of increases.

Honeywell hikes dividend by 4.6%

Honeywell (HON) will hike its quarterly dividend by 4.6% in 2024. This marks 14 consecutive years of increases.

Honeywell hikes dividend by 4.9%

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...

Honeywell hikes dividend by 5.1%

On September 30, 2022, Honeywell International (HON) announced that it will raise its quarterly dividend by 5.1 percent to $1.03 per share in 2022. Honeywell has now raised its dividend 12 consecutive years. The increase will be effective starting with the fourth-quarter dividend of $1.03 per share, which was declared today, and is payable on December 2, 2022, out of surplus to holders of record at the close of business on November 11, 2022. A new annual rate of $4.12 per share yields 2.4% at a stock price of $172 for Honeywell. "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 Chief Executive Officer Darius Adamczyk. "Our robust balance sheet, diligent cost management and focus on sustainable, profitable growth will allow us to continue creating value for our shareholders." Honeywell ...

Honeywell hikes dividend by 5.4%

Honeywell International (HON) will raise its quarterly dividend by 5.4 percent to 98 cents per share in 2021. This is up from a dividend hike of 3.3 percent to 93 cents per share in 2020 but still lags the dividend growth before COVID by the industrial company. Honeywell has now raised its dividend 11 consecutive years. The next HON dividend is payable on December 3, 2021, to holders of record at the close of business on November 12, 2021. A new annual rate of $3.92 per share yields 1.8% at a stock price of $215.65 for Honeywell. With the exeption of 2010, when no dividend hike was announced, and last year, Honeywell International hiked its dividend by at least 9.8 percent every year for more than a decade. This new dividend however is the second smallest on record in many years, resulting in the average 5 year dividend growth rate dropping from 9.3 percent to 8.1 percent annually, down for double digit growth through 2019. Honeywell now will pay approximately $2.7 billion in dividends...

Honeywell hikes dividend by 3.3%

Honeywell International (HON) will raise its quarterly dividend by 3.3 percent to 93 cents per share in 2020. This follows a 9.8 percent dividend hike to $0.90 per share in the fourth quarter of 2019. The industrial company has raised its dividend 10 consecutive years. The next dividend is payable on December 4, 2020, out of surplus to holders of record at the close of business on November 13, 2020. A new annual rate of $3.72 per share yields 2.3% at a stock price of $161.49. From the company's press release dated September 25, announcing this dividend hike: "Honeywell remains focused on providing value to our shareowners despite the current challenging economic environment, and today we announced an increase to our dividend for the 11th consecutive year," said Chairman and Chief Executive Officer Darius Adamczyk. "Our strong financial position, continued investments for growth, and effective cost management strategies will enable us to continue to perform for our sh...

Honeywell hikes dividend by 9.8%

Honeywell International (HON) will raise its quarterly dividend by 9.8 percent to $0.90 per share in the fourth quarter of 2019. Last year the industrial company hiked its dividend by 10.1 percent. The next dividend is payable on December 6, 2019, out of surplus to holders of record at the close of business on November 15, 2019. A new annual rate of $3.60 per share yields 2.2% at a stock price of $167. "We are continuing our aggressive capital deployment strategy with today's announcement that we will increase our dividend rate by double digits for the 10th time since 2010," said Chairman and Chief Executive Officer Darius Adamczyk. "Honeywell is well positioned for future growth, and we remain focused on continuing to deliver value to our shareowners." Honeywell International Inc. is a technology and manufacturing company. The company's business segments are Aerospace, Honeywell Building Technologies, Performance Materials and Technologies and Safety ...

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