Honeywell Keeps Dividend Steady
Diversified manufacturer Honeywell announced yesterday its third-quarter dividend of $0.41 per share, the same rate it's paid for the past three quarters after raising the payout 10% from $0.3725 per share.
The board of directors said the quarterly dividend is payable on Sept. 10 to the holders of record at the close of business on Aug. 20. The regular dividend payment equates to a $1.64-per-share annual dividend, yielding 2% based on Friday's closing price of Honeywell's stock.
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