HON Honeywell International Inc

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)

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