Honeywell Rewards Shareholders With 5% Dividend Increase

In a shareholder-friendly move, Honeywell International (HON) recently raised its quarterly dividend by approximately 5% to $1.13 per share (annually: $4.52). The new dividend will be paid on Dec. 6, 2024, to shareholders of record as of Nov. 15. The latest dividend hike marks Honeywell's 15th consecutive raise since 2010. This underscores its sound financial health as it utilizes free cash flow to enhance shareholders' returns. In the first six months of 2024, HON rewarded shareholders with $1.45 billion i ...