What's Going On With Honeywell International Stock Today?

Nabaparna Bhattacharya

September 27, 2024

Honeywell International Inc. (NASDAQ:HON) announced Friday it is boosting its annual cash dividend from $4.32 to $4.52 per share.

The increase would apply to the fourth-quarter dividend of $1.13 per share, payable on Dec. 6, 2024, to holders of record as of the close of business on Nov. 15.

This represented the 15th increase in 14 consecutive years.

“By further aligning our portfolio with the three compelling megatrends — automation, the future of aviation, and the energy transition — we continue accelerating progress against our disciplined commitment to deploy at least $25 billion toward dividends, acquisitions, capital expenditures and share buybacks through 2025,” said Vimal Kapur, chairman and chief executive officer of Honeywell.

Also Read: What’s Going On With Intel Stock On Friday?

According to Benzinga Pro, Honeywell stock gained more than 12% in the past year. Investors can gain exposure to the stock via Gabelli Commercial Aerospace and Defense ETF (NYSE:GCAD) and Amplify CWP Enhanced Dividend Income ETF (NYSE:DIVO).

Earlier this month, the company stated it is working to develop an artificial intelligence (AI)-enabled Multi-Modal Intelligent Agent for Honeywell mobile devices powered by Qualcomm Inc (NASDAQ:QCOM).

The agent would allow workers and customers in the distribution center and retail industries to interact naturally with their handheld devices through voice, pictures, and barcodes.

HON Price Action: Honeywell shares are trading higher by 0.67% to $208.42 at publication Friday.

Read Next:

Inflation Decline Strengthens Confidence In Fed’s Interest Rate Cut: ‘If You Were Second Guessing The Fed… You Aren’t Now’

Photo: Shutterstock

Recommended

Scary Accurate AI Money Map Shows Strange Twist Coming for the Market - Ad

Did You See Trump's Bombshell Exec. Order 001? - Ad

Is Artificial Intelligence the Biggest Bubble in History? - Ad

LYONS, Ga. (AP) — Twisted equipment and snapped tree limbs still litter Chris Hopkins’ Georgia farm more than two months after made its deadly march across the South.

Penny Stock Applied Therapeutics' FDA Troubles Trigger Investor Lawsuit, Shareholders Claim Deception Over Govorestat Clinical Data

Adrian Alexandru files a securities lawsuit against Applied Therapeutics, alleging the company misled investors about clinical trials for govorestat.

Media Humiliated: Demo of Elon's Tech Proves They're Wrong

Media Humiliated: Demo of Elon's Tech Proves They're Wrong - Ad

It's smaller than a quarter, but it could power Elon Musk's next AI revolution... A revolution he believes will be worth more than $9 trillion. Believe it or not, this device could even help put an extra $30k in your pocket every year outside of the markets.

American Airlines settles lawsuit filed by 3 Black men who were ordered off a flight

American Airlines said Thursday it has settled a filed by three Black men who were ordered to deboard a flight last January.

Bipartisan Lawmakers Aim To Break Up Health Care Giants With New Legislation

Pharmacy-benefit managers (PBMs) have been scrutinized for their role in drug distribution for years. Now a bipartisan group of lawmakers is threatening to break up the companies behind these so-called drug middlemen.

Do NOT Buy Nvidia, Apple, Microsoft, Meta, Tesla, or ANY Major Tech Stock...

Do NOT Buy Nvidia, Apple, Microsoft, Meta, Tesla, or ANY Major Tech Stock... - Ad

31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading shares of their OWN stocks at RECORD pace... But why? Wall Street legend Eric Fry says it's because, soon: "America's most popular stocks like Nvidia, Apple, Meta, Tesla, and thousands more... are set to come plummeting back to Earth." Erasing YEARS of investor profits... Sparking a $17 trillion PANIC on Wall Street...

Biden calls for ban on congressional stock trading

WASHINGTON (AP) — President endorsed a ban on congressional stock trading in an interview that’s being released this week, belatedly weighing in on an issue that has been debated on Capitol Hill for years.

ABC agrees to give $15 million to Donald Trump's presidential library to settle defamation lawsuit

NEW YORK (AP) — ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a lawsuit over anchor George Stephanopoulos' inaccurate on-air assertion that the president-elect had been found civilly liable for raping writer E. Jean Carroll.

Trump's New "AI Economy" Could Mint 22,000 New American Millionaires Every 30 Days

Trump's New "AI Economy" Could Mint 22,000 New American Millionaires Every 30 Days - Ad

A tidal wave of new AI wealth is about to flow into the economy. However, the biggest gains may no longer come from the usual hot AI stocks you've been hearing lately. We reveal how you can get the names of all the stocks you should get into now for the biggest investment opportunities of your life.

Dogecoin Poised For 85% Surge As Whales Accumulate 130 Billion DOGE

Dogecoin (CRYPTO: DOGE) is hinting at a possible price surge in the wake of its remarkable rally.

Isak Andic, founder of Spanish fashion brand Mango, dies in accident, aged 71

BARCELONA, Spain (AP) — Isak Andic, the founder of Spanish fashion brand Mango, has died after suffering an accident, the company said on Saturday. He was 71.

This Is CRAP (Beat the Banks)

This Is CRAP (Beat the Banks) - Ad

Can you believe this crap? 0.06% APY. THAT'S IT That's all you earn on average right now in 2022 according to the FDIC, in most USA savings accounts. In this video, you will see EXACTLY how you can participate in one of the biggest financial opportunities of our lifetime.

Bitcoin Miner MARA Holdings Raises $850M In 0% Convertible Notes, Offering A 40% Premium Over Current Share Price

Bitcoin miner MARA Holdings Inc (NASDAQ:MARA) recently completed its $850 million offering of 0% convertible senior notes due 2031.

Snowflake AI Revolution Gains Traction, Stock Forms Golden Cross

Snowflake is gaining attention in the market due to its Golden Cross pattern, and analysts predicting long-term growth due to its emphasis on AI product development.

Elon's New Tech Could Be Bigger Than Tesla & SpaceX... Combined

Elon's New Tech Could Be Bigger Than Tesla & SpaceX... Combined - Ad

Forget rockets or brain implants... Elon's new AI product could be his biggest invention yet. Jeff Brown tried it himself recently and caught his experience on camera. See this footage because according to Tesla Magazine, this new product "could well shape the technological and economic future of our society."

Stocks Slip On Hot Inflation Data, Adobe Tumbles, Natural Gas Hits 1-Year High: What's Driving Markets Thursday?

Risk sentiment soured on Thursday following hotter-than-expected producer inflation data, which dampened optimism for aggressive interest rate cuts in 2025.

Miami judge approves bail for wealthy Alexander twins in state rape case

WEST PALM BEACH, Fla. (AP) — A judge in Miami granted bail Friday to a prominent real estate broker and his twin brother, who are facing . However, they won't be released from custody while facing a separate federal sex trafficking case with another brother.

Man Who Called Nvidia Says "Buy These Five AI Stocks."

Man Who Called Nvidia Says "Buy These Five AI Stocks." - Ad

In 2016, Jeff Brown called Nvidia at a split-adjusted 66 cents. The company just became the world's third $3 trillion company...And the stock is up massively since Jeff's recommendation. Now, Jeff has found five under-the-radar stocks which could power your retirement. And it's in large part because these companies are connected to Elon Musk and Nvidia.

Charlie Munger Identified This Stock 30 Years Ago After Warren Buffett Passed On It: Here's How It Is Doing Now

Costco's first-quarter revenue and EPS beat analyst estimates. The management highlighted four new milestones during the first quarter.

Ripple CEO Brad Garlinghouse Admits $204M Crypto Super PAC Wouldn't Exist If Gary Gensler Wasn't The SEC Chair

Ripple CEO Brad Garlinghouse said on Sunday that the establishment of Fairshake, a cryptocurrency-focused super political action committee, was a direct response to the SEC’s approach toward the industry under Gary Gensler.

Is This Defi Coin Your Next "10-Bagger" Investment?

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

Robinhood Markets Grows Into 'Best-In-Class' Brokerage, Analyst Says

Analysts have updated coverage and raised price targets on Robinhood Markets after the company hosted its first investor day on Wednesday and showed significant growth across customers, assets under custody and trading volumes.

EPA awards $144 million to California to phase out big diesel trucks

SAN FRANCISCO (AP) — The Environmental Protection Agency is awarding $144 million in grants to fund 13 projects in California to help the state wean off fossil fuels and phase out big rigs that run on diesel.

"This Will Be Worse Than the Great Depression, the Dot-Com Crash, and the 2008 Crisis Combined"

"This Will Be Worse Than the Great Depression, the Dot-Com Crash, and the 2008 Crisis Combined" - Ad

According to Dan Ferris, who has predicted nearly every major market crisis of the last 25 years, a new crisis in the US economy could soon cost you 50% of your portfolio or more if you don't prepare your wealth now. Especially if you're sitting on large gains.

Companies tighten security after a health care CEO's killing leads to a surge of threats

“Wanted” posters with the names and faces of health care executives have been popping up on the streets of New York. Hit lists with images of bullets are circulating online with warnings that industry leaders should be afraid.

Shiba Inu Burn Rate Skyrockets 515.33% - Will The Price Increase?

The burn rate of the meme cryptocurrency, Shiba Inu (CRYPTO: SHIB), has surged by a whopping 515.33%. This data comes from the widely used transaction tracker Shibburn.

Wall St Legend: Buy This Stock Before Inauguration

Wall St Legend: Buy This Stock Before Inauguration - Ad

This is the best election year for stocks since 1936. But according to one 50-year insider, not everything is as rosy as it seems on Wall Street...

Mesoblast's Cell Therapy Treatment For Graft Versus Host Disease Gets FDA Approval, Stock Surges

Mesoblast's Ryoncil is now FDA-approved for pediatric SR-aGvHD, marking a milestone in mesenchymal stromal cell therapies in the U.S.

What's Going On With KULR Technology Stock Wednesday?

KULR shares are trading higher on Wednesday after the company announced it regained NYSE stockholder's equity required compliance status.

Set Your Alarm For 1:59 P.M. on January 31st Because THESE Stocks Set To Rocket Up

Set Your Alarm For 1:59 P.M. on January 31st Because THESE Stocks Set To Rocket Up - Ad

1:59 P.M. on January 31st. Set an alarm for that. Because you need to be prepared for an event that will send a certain group of stocks rocketing upward.

2024 was big for bitcoin. States could see a crypto policy blitz in 2025 in spite of the risks

HARRISBURG, Pa. (AP) — The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses that, together, could push states to become more open to crypto and for public pension funds and treasuries to buy into it.

FDA says knockoff versions of Lilly obesity drug must come off the market

WASHINGTON (AP) — Specialty pharmacies and online companies that have been selling off-brand copies of two blockbuster drugs for obesity and diabetes will need to phase out their versions next year under a federal decision issued Thursday.

Elon Musk: "The Government Is Out of Control."

Elon Musk: "The Government Is Out of Control." - Ad

Elon Musk says the government is going bankrupt. Seniors are getting crushed by inflation. But there is a way you could claim a chunk of over $1 trillion in spending, courtesy of Elon Musk.

Bitcoin, Ethereum, Dogecoin Settle Down Amid Growing Talks Of A Strategic BTC Reserve: Top Analyst Sees Prospect Of Apex Crypto Hitting $110K This Week

Leading cryptocurrencies simmered down Monday after a smashing rally even as speculations around a U.S. strategic Bitcoin reserve gathered steam.

What's Going On With Portage Biotech Shares Tuesday?

Portage Biotech stock is trading higher after the company announced it signed a letter of intent with Immunova for the potential sale of its subsidiary.

Nixon's Revenge From Beyond the Grave

Nixon's Revenge From Beyond the Grave - Ad

He's known as the most disgraced president in U.S. history. But there's another story about Richard Nixon... a totally different story from 51 years ago... that you haven't been told... that would have made him a true American hero forever. Now... in a strange twist of fate... this same story could also give investors the chance to become wealthy beyond compare starting in 2025.

76ers win city council nod to build $1.3B downtown stadium and leave South Philadelphia

PHILADELPHIA (AP) — The Philadelphia 76ers won city council approval on Thursday for a $1.3 billion despite vocal opposition from nearby and other activists.

As data centers proliferate, conflict with local communities follows

ALEXANDRIA, Va. (AP) — Richard Andre Newman thought he would live the rest of his life in his quiet, leafy neighborhood in suburban . He was born and raised in Bren Mar Park, where children ride their bikes and neighbors wave hello.

Is a Starlink IPO Coming in 2024?

Is a Starlink IPO Coming in 2024? - Ad

Could there be signs that a Starlink IPO is set for the second half of 2024? According to one top venture capitalist, the answer is YES! And for the first time ever, you have the rare chance to profit pre-IPO... BEFORE Starlink goes public.

Investment Guru Peter Lynch: 'If You Can't Explain To An 11-Year-Old In 2 Minutes Or Less Why You Own The Stock, You Shouldn't Own It'

Highly esteemed investor Peter Lynch once revealed his "10 Commandments" for prosperous investing.

Trending Now