Honeywell International Inc. (HON) To Go Ex-Dividend on November 13th

Honeywell International Inc. (NASDAQ:HON) declared a quarterly dividend on Friday, September 25th. Stockholders of record on Friday, November 13th will be given a dividend of $0.70 per share by the conglomerate on Friday, December 4th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, November 13th.

Honeywell International has raised its dividend payment by an average of 0.4% per year over the last three years and has increased its dividend every year for the last 14 years. Honeywell International has a payout ratio of 62.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Honeywell International to earn $9.92 per share next year, which means the company should continue to be able to cover its $7.14 annual dividend with an expected future payout ratio of 72.0%.

Honeywell International Stock Down 0.4%

Shares of NASDAQ HON opened at $227.36 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 0.96 and a debt-to-equity ratio of 0.46. The company has a market cap of $72.15 billion, a P/E ratio of 10.23, a P/E/G ratio of 1.71 and a beta of 0.86. Honeywell International has a 52 week low of $196.59 and a 52 week high of $261.24. The business has a 50-day simple moving average of $212.66 and a two-hundred day simple moving average of $224.81.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, October 22nd. The conglomerate reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.17 by $0.10. Honeywell International had a return on equity of 25.62% and a net margin of 24.36%. The firm had revenue of $4.99 billion for the quarter, compared to analysts’ expectations of $5.01 billion. During the same period in the prior year, the business posted $2.82 earnings per share. The company’s revenue was up 1.3% on a year-over-year basis. Research analysts anticipate that Honeywell International will post 8.44 earnings per share for the current fiscal year.

Honeywell International Company Profile

Honeywell International is a technology and manufacturing company whose products and services support aerospace, buildings, industrial operations and energy applications. Its offerings include aircraft systems and components, building controls and safety technologies, industrial automation and process-control systems, and specialty materials. The company serves commercial and government customers in markets around the world. Its technologies are used in settings ranging from aircraft and commercial buildings to factories, warehouses and energy facilities.