Honeywell Raises Quarterly Dividend by 9.8% to 90 Cents
September 27 2019 - 9:55AM
Dow Jones News
By Colin Kellaher
Honeywell International Inc. (HON) on Friday said its board
raised the quarterly dividend by 9.8% to 90 cents from 82
cents.
The new payout, equal to $3.60 a year, represents an annual
yield of about 2.15% based on Thursday's closing price of $167.03,
up from about 1.96%.
The Morris Plains, N.J., conglomerate said the increased
dividend is payable Dec. 6 to shareholders of record Nov. 15.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 27, 2019 09:40 ET (13:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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