Honeywell International Inc. (NASDAQ:HON – Get Free Report) 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 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, November 13th.
Honeywell International has raised its dividend by an average of 0.4% per year over the last three years and has raised 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. 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 stock has a market capitalization of $72.43 billion, a price-to-earnings ratio of 16.01, a PEG ratio of 1.71 and a beta of 0.86. The stock has a fifty day simple moving average of $212.66 and a two-hundred day simple moving average of $224.81. Honeywell International has a 12-month low of $196.59 and a 12-month high of $261.24. 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 (NASDAQ:HON – Get Free Report) last announced its quarterly earnings data on Thursday, October 22nd. The conglomerate reported $2.27 EPS for the quarter, beating the consensus estimate of $2.17 by $0.10. The company had revenue of $4.99 billion for the quarter, compared to the consensus estimate of $5.01 billion. Honeywell International had a net margin of 24.36% and a return on equity of 25.62%. Honeywell International’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period in the prior year, the firm posted $2.82 EPS. On average, 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.
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