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

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

Honeywell International has raised its dividend by an average of 0.4% annually over the last three years and has increased its dividend every year for the last 14 years. Honeywell International has a dividend payout ratio of 62.9% meaning its dividend is sufficiently covered by earnings. Equities research 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 0.3%

Shares of NASDAQ:HON opened at $228.22 on Wednesday. The company has a market capitalization of $72.43 billion, a PE ratio of 10.27, a P/E/G ratio of 1.71 and a beta of 0.86. The company has a current ratio of 0.96, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. Honeywell International has a twelve month low of $196.59 and a twelve month high of $261.24. The firm has a 50 day simple moving average of $212.66 and a 200-day simple moving average of $224.81.

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

About Honeywell International

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.