DBT Bureau
Pune, 28 Sep 2024
Honeywell’s Board of Directors has approved an increase in the company’s regular annual cash dividend from $4.32 to $4.52 per share. This increase will take effect with the fourth-quarter dividend of $1.13 per share, which was declared on September 27, 2024. The dividend will be payable on December 6, 2024, to shareholders on record as of the close of business on November 15, 2024.
“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, chairman and chief executive officer 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.”
