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CHARLOTTE, N.C., Sept. 27, 2024 /PRNewswire/ — Honeywell (NASDAQ: HON) as of late introduced that its Board of Administrators has authorized an build up within the corporate’s familiar annual money dividend from $4.32 to $4.52 according to proportion. The rise will likely be efficient initiation with the fourth-quarter dividend of $1.13 according to proportion, which was once declared as of late, and is payable on December 6, 2024, out of surplus to holders of document on the related of industrial 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,” stated Vimal Kapur, chairman and leading govt 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.”
About Honeywell
Honeywell is an built-in running corporate serving a large field of industries and geographies world wide. Our trade is aligned with 3 tough megatrends – automation, the while of flight and effort transition – underpinned by means of our Honeywell Accelerator running machine and Honeywell Forge IoT platform. As a relied on spouse, we support organizations remedy the sector’s hardest, most intricate demanding situations, offering actionable answers and inventions via our Aerospace Applied sciences, Commercial Automation, Development Automation and Power and Sustainability Answers trade departments that support produce the sector smarter and more secure in addition to extra hold and sustainable. For extra information and knowledge on Honeywell, please talk over with www.honeywell.com/newsroom.
We describe lots of the developments and alternative components that pressure our trade and while ends up in this reduce. Such discussions include forward-looking statements throughout the that means of Division 21E of the Securities Trade Work of 1934, as amended (the Trade Work). Ahead-looking statements are those who cope with actions, occasions, or tendencies that control intends, expects, tasks, believes or anticipates will or would possibly happen going forward. They’re in line with control’s guesses and checks in bright of pace revel in and developments, stream financial and trade situations, anticipated while tendencies and alternative related components. They aren’t promises of while efficiency, and original effects, tendencies and trade selections would possibly fluctuate considerably from the ones envisaged by means of our forward-looking statements. We don’t adopt to replace or revise any of our forward-looking statements, except for as required by means of appropriate securities regulation. Our forward-looking statements also are matter to subject material dangers and uncertainties that may have an effect on our efficiency in each the near- and long-term. As well as, refuse guarantee can also be for the reason that any plan, initiative, projection, objective, loyalty, expectation, or probability all set forth on this reduce can or will likely be accomplished. Those forward-looking statements will have to be regarded as in bright of the ideas incorporated on this reduce, our Mode 10-Okay and alternative filings with the Securities and Trade Fee. Any forward-looking plans described herein aren’t ultimate and could also be changed or lonely at any date.
SOURCE Honeywell
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