HONEYWELL ANNOUNCES QUARTERLY DIVIDEND

Rhea-AI Summary

Honeywell has declared a quarterly dividend of $1.03 per share on its common stock. This dividend will be paid on March 10, 2023, to shareholders on record as of February 24, 2023. The decision reflects Honeywell's commitment to providing returns to its investors while supporting its diverse portfolio of industry-specific solutions, including aerospace and building technologies. Such actions may signal strong operational performance and confidence in future growth.

Positive

• Quarterly dividend of $1.03 per share demonstrates commitment to returning value to shareholders.
• Dividend payment reflects confidence in operational stability and future growth potential.

Negative

• None.

CHARLOTTE, N.C., Feb. 10, 2023 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced today that its Board of Directors has declared a quarterly dividend payment of $1.03 per share on the Company's common stock. The dividend is payable on March 10, 2023, out of surplus to holders of record at the close of business on February 24, 2023.

Honeywell (www.honeywell.com) delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom. 

This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are those that address activities, events or developments that management intends, expects, projects, believes or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to risks and uncertainties, including the impact of the COVID-19 pandemic and the Russia-Ukraine conflict, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal commitment, expectation, or prospect set forth in this release can or will be achieved. Any forward-looking plans described herein are not final and may be modified or abandoned at any time. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

Contacts:
Media	Investor Relations
Bevin Maguire	Sean Meakim
(704) 654-7023	(704) 627-6200
Bevin.Maguire@honeywell.com	Sean.Meakim@honeywell.com

 

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SOURCE Honeywell

FAQ

What is Honeywell's dividend amount for February 2023?

Honeywell's dividend amount for February 2023 is $1.03 per share.

When is the dividend payable for Honeywell?

The dividend is payable on March 10, 2023.

What is the record date for Honeywell's dividend?

The record date for Honeywell's dividend is February 24, 2023.

How often does Honeywell pay dividends?

Honeywell typically pays dividends quarterly.

Is the dividend from Honeywell sustainable?

The sustainability of Honeywell's dividend is supported by its operational stability and commitment to shareholders.