Honeywell (HON) Raises Quarterly Dividend 11.8% to $0.665; 2.4% Yield
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Honeywell To Increase Dividend By 12% Effective In The Fourth Quarter 2016
October 28, 2016 10:39 AM EDTMORRIS PLAINS, N.J., Oct. 28, 2016 /PRNewswire/ -- Honeywell (NYSE: HON) today announced that its Board of Directors has approved a 12% increase in the company's regular annual cash dividend rate (from $2.38 to $2.66 per common share). The increase will be effective starting with the fourth quarter dividend of $0.665 per common share, which was declared today and is payable on December 9, 2016, to shareowners of record at the close of business on November 18, 2016.
"Honeywell remains committed to growing our dividend faster than earnings for shareholders as part of our balanced cash deployment... More
