HONEYWELL ANNOUNCES QUARTERLY DIVIDEND

Rhea-AI Summary

Honeywell (NASDAQ: HON) has declared a quarterly dividend of $1.13 per share on its common stock. The dividend will be paid on March 14, 2025, to shareholders of record as of February 28, 2025. The company operates across multiple industries through four main segments: Aerospace Technologies, Industrial Automation, Building Automation, and Energy and Sustainability Solutions.

The company's business strategy aligns with three major megatrends: automation, future of aviation, and energy transition, supported by the Honeywell Accelerator operating system and Honeywell Forge IoT platform. The company acknowledges various risks including macroeconomic challenges, supply chain disruptions, capital markets volatility, inflation, and regional conflicts that could affect performance.

Positive

• Maintained quarterly dividend payment of $1.13 per share
• Diversified business model across multiple industrial segments
• Strategic alignment with three major growth megatrends

Negative

• Acknowledged ongoing macroeconomic risks and uncertainties
• Potential impact from supply chain disruptions
• Exposure to regional conflicts affecting performance

CHARLOTTE, N.C., Feb. 14, 2025 /PRNewswire/ -- Honeywell International Inc. (NASDAQ: HON) today announced that its Board of Directors has declared a quarterly dividend payment of $1.13 per share on the Company's common stock. The dividend is payable on March 14, 2025, out of surplus to holders of record at the close of business on February 28, 2025.

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). 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 and include statements related to the proposed spin-off of the Company's Advanced Materials business into a stand-alone, publicly traded company and the proposed separation of Automation and Aerospace. 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, many of which are difficult to predict and outside of our control. 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 material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as lower GDP growth or recession, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, 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. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.

Contacts:
Media	Investor Relations
Stacey Jones	Sean Meakim
(980) 378-6258	(704) 627-6200
stacey.jones@honeywell.com	sean.meakim@honeywell.com

 

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SOURCE Honeywell

FAQ

When will Honeywell (HON) pay its latest quarterly dividend?

Honeywell will pay its quarterly dividend of $1.13 per share on March 14, 2025, to shareholders of record as of February 28, 2025.

What is Honeywell's (HON) current quarterly dividend amount?

Honeywell's quarterly dividend amount is $1.13 per share.

What are the main business segments of Honeywell (HON)?

Honeywell operates through four main segments: Aerospace Technologies, Industrial Automation, Building Automation, and Energy and Sustainability Solutions.

What are the three megatrends Honeywell (HON) is focusing on?

Honeywell is focusing on three megatrends: automation, the future of aviation, and energy transition.

What are the main risk factors identified by Honeywell (HON)?

Honeywell identified several risk factors including macroeconomic challenges, supply chain disruptions, capital markets volatility, inflation, and regional conflicts.