Honeywell (HON) Declares Spin-Off Dividend Of Resideo (REZI), Sets Record and Distribution Dates
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Honeywell Board Of Directors Declares Spin-Off Dividend Of Resideo Shares
October 2, 2018 4:23 PM EDTMORRIS PLAINS, N.J., Oct. 2, 2018 /PRNewswire/ -- Honeywell (NYSE: HON) today announced that its Board of Directors has declared a pro rata dividend of Resideo Technologies, Inc. common stock, to be made effective at 12:01 a.m. EDT on October 29, 2018, to Honeywell's shareowners of record as of 5:00 p.m. EDT on October 16, 2018, the record date.
Each Honeywell shareowner of record will receive a distribution of one share of Resideo common stock for every six shares of common stock, par value $1.00 per share, of Honeywell that it holds on the record date. The... More
