Honeywell boosts annual dividend to $4.52 from $4.32 per share

Honeywell said it has approved an increase in the company’s regular annual cash dividend from $4.32 to $4.52 per share. The increase will be effective starting with the Q4 dividend of $1.13 per share, which was declared today, and is payable on December 6, out of surplus to holders of record at the close of business on November 15. “By further aligning our portfolio with the three compelling megatrends – automation, the future of aviation, and the energy transition – we continue accelerating progress against our disciplined commitment to deploy at least $25 billion toward dividends, acquisitions, capital expenditures and share buybacks through 2025,” said Vimal Kapur, CEO of Honeywell. “This marks the 15th time in 14 consecutive years that we are increasing our dividend as we remain focused on delivering value for our shareholders.’