Honeywell International Inc. (HON) To Go Ex-Dividend on February 27th

Honeywell International Inc. (NASDAQ:HON) announced a quarterly dividend on Friday, February 13th. Shareholders of record on Friday, February 27th will be paid a dividend of 1.19 per share by the conglomerate on Friday, March 13th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Friday, February 27th.

Honeywell International has increased its dividend payment by an average of 0.4%per year over the last three years and has raised its dividend annually for the last 14 consecutive years. Honeywell International has a payout ratio of 41.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect Honeywell International to earn $11.33 per share next year, which means the company should continue to be able to cover its $4.76 annual dividend with an expected future payout ratio of 42.0%.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded down $0.58 on Wednesday, hitting $243.04. 896,325 shares of the company were exchanged, compared to its average volume of 4,531,438. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.03 and a current ratio of 1.30. The company’s 50 day moving average price is $218.49 and its two-hundred day moving average price is $210.30. Honeywell International has a one year low of $169.21 and a one year high of $246.00. The firm has a market capitalization of $154.49 billion, a price-to-earnings ratio of 30.45, a PEG ratio of 3.52 and a beta of 0.94.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05. The company had revenue of $10.07 billion during the quarter, compared to the consensus estimate of $9.60 billion. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the company earned $2.47 EPS. Research analysts expect that Honeywell International will post 10.34 earnings per share for the current year.

About Honeywell International

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.