Honeywell International (HON) will raise its quarterly dividend by 10.0 percent to $0.3025 per share in the first quarter of 2009. This follows a 2.5 cent per share dividend hike to $0.275 quarterly last year.
The increased dividend is payable on March 10, 2009 to shareholders of record at the close of business on February 20, 2009. The ex-date for his next dividend of 30.25 cents per share is February 18, 2009.
Honeywell International Inc. is a technology and manufacturing company. The company delivers industry specific solutions that include aerospace and automotive products and services; control technologies for buildings, homes, and industry; and performance materials globally.