HON Honeywell International Incorporated

RNS Number:2923H
Honeywell International Inc (IRS)
20 July 2001


(BW)(NJ-HONEYWELL)(HON) Honeywell Declares Quarterly Dividend



    Business Editors



    MORRIS TOWNSHIP, N.J.--(BUSINESS WIRE)--July 20, 2001--The Board

of Directors of Honeywell (NYSE: HON) has declared a regular quarterly

dividend of $0.1875 per share on the company's outstanding common

stock.

    The dividend is payable September 10, 2001 to shareowners of

record at the close of business on August 20, 2001.

    Honeywell is a US$25-billion diversified technology and

manufacturing leader, serving customers worldwide with aerospace

products and services; control technologies for buildings, homes and

industry; automotive products; power generation systems; specialty

chemicals; fibers; plastics; and electronic and advanced materials.

Honeywell employs approximately 120,000 people in 95 countries and is

traded on the New York Stock Exchange under the symbol HON, as well as

on the London, Chicago and Pacific stock exchanges. It is one of the

30 stocks that make up the Dow Jones Industrial Average and is also a

component of the Standard & Poor's 500 Index. Additional information

on the company is available on the Internet at www.honeywell.com.



    This release contains forward-looking statements as defined in

Section 21E of the Securities Exchange Act of 1934, including

statements about future business operations, financial performance and

market conditions. Such forward-looking statements involve risks and

uncertainties inherent in business forecasts as further described in

our filings under the Securities Exchange Act.



    --30--


CONTACT: Honeywell

         Tom Crane, 973/455-4732

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