Honeywell (HON) Raises Quarterly Dividend 12% to $0.745; 2.1% Yield
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Honeywell To Increase Dividend By 12% Effective In The Fourth Quarter 2017
September 29, 2017 8:52 AM EDTMORRIS PLAINS, N.J., Sept. 29, 2017 /PRNewswire/ -- Honeywell (NYSE: HON) announced today that its Board of Directors has approved a 12% increase in the company's regular annual cash dividend (from $2.66 to $2.98 per common share). The increase will be effective starting with the fourth quarter dividend of $0.745 per common share, which was declared today, and is payable on December 8, 2017 out of surplus to shareowners of record at the close of business on November 17, 2017.
"Honeywell remains committed to growing our dividend faster than earnings for shareholders," said President and CEO Darius Adamczyk. "Since 2010,... More
