By Colin Kellaher
Honeywell International’s board has raised the industrial company’s quarterly dividend by 4.9%, to $1.08 from $1.03.
The new payout, equal to $4.32 a year, represents an annual yield of about 2.31% based on Thursday’s closing price of $187.11, up from 2.2%.
The Charlotte, N.C., company on Friday said the increased dividend is payable Dec. 1 to shareholders of record Nov. 10.
Write to Colin Kellaher at [email protected]
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