Honeywell Int'l Inc. (HON) Raises Quarterly Dividend 15% to $0.5175; 2.2% Yield

Honeywell Int'l Inc. (NYSE: HON) declared a quarterly dividend of $0.5175 per share, or $2.07 annualized. This is a 15% increase from the prior dividend of $0.45.

The dividend will be payable on December 10, 2014, to stockholders of record on November 20, 2014, with an ex-dividend date of November 18, 2014.

The annual yield on the dividend is 2.2 percent.

"Today's announcement reinforces our commitment to driving shareholder value," said Honeywell Chairman and CEO Dave Cote. "Our 5-year plan reflects a balanced capital allocation strategy that includes strategic M&A, opportunistic share buybacks and dividends which grow faster than our earnings. We're very proud of our ability to generate the strong earnings and cash growth required to increase our dividend for the tenth time since 2005 and are confident in Honeywell's ability to outperform in the future."

For a dividend history and other dividend-related data on Honeywell Int'l Inc. (HON) click here.

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