BUZZ-Honeywell rises on announcement of increased dividend

Reuters · 09/27 14:37
BUZZ-Honeywell rises on announcement of increased dividend

** Shares of Honeywell HON.O rise 1.30% to $209.72 in early trading

** Co announces increase in dividend to $4.52/shr, effective Q4 2024

** "The increase will be effective starting with Q4 dividend of $1.13 per share payable on Dec. 6, 2024," HON says

** 15 of 27 brokerages rate HON stock "buy" or higher and 12 "hold"; their median PT is $227 - LSEG data

** Up to Thursday's close, stock down 1.27% YTD


(Reporting by Anshuman Tripathy in Bengaluru)

((Anshuman.Tripathy@thomsonreuters.com;))