Honeywell: A Cheap Dividend Growth Stock

Bloomberg/Bloomberg via Getty Images Profits of Honeywell International Inc. (NASDAQ:HON) topped analysts' estimates last week by a small margin, but the industrial conglomerate's sales forecast for 2024 disappointed and triggered a 5% dip in the stock price, thereby creating a buying opportunity, particularly for passive income investors. Robust demand from the commercial aviation industry has led, however, to decent momentum in Honeywell International's Aerospace business which is smashing it right now. H ...