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Honeywell’s BOD Announces Increased Annual Cash Dividend Effective In Q4

By John F. Heerdink, Jr.

As per reports, The Board of Honeywell International Inc. (HON) has announced an increase in the company’s regular annual cash dividend from $3.60 to $3.72 per share. The updated dividend will be effective with the fourth-quarter dividend of $0.93 per share, payable on December 4, 2020, out of surplus to shareholders of record as on November 13, 2020.

“Honeywell remains focused on providing value to our shareowners despite the current challenging economic environment, and today we announced an increase to our dividend for the 11th consecutive year. Our strong financial position continued investments for growth, and effective cost management strategies will enable us to continue to perform for our shareowners, customers, and employees.” stated Chairman and Chief Executive Officer Darius Adamczyk.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

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(Read Original Story: Honeywell To Increase Dividend Effective In Fourth Quarter 2020 in PR Newswire)


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