Two Dividend Hikes Today Worth Noting

Honeywell (NASDAQ: HON) declared a quarterly dividend of $1.03 per share, or $4.12 annualized. This is a 5.1% increase from the prior dividend of $0.98. The dividend will be payable on December 2, 2022, to stockholders of record on November 11, 2022, with an ex-dividend date of November 9, 2022. The annual yield on the dividend is 2.4 percent

Lockheed Martin (NYSE: LMT) declared a quarterly dividend of $3.00 per share, or $12 annualized. This is a 7.1% increase from the prior dividend of $2.80. The dividend will be payable on December 30, 2022, to stockholders of record on December 1, 2022, with an ex-dividend date of November 30, 2022. The annual yield on the dividend is 3.1 percent.

By StreetInsider.com Staff

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