Honeywell raises dividend 10% to 41c from 37.25c

Honeywell announced that its Board of Directors has approved a 10% increase, or 15c per share, in the company's regular annual cash dividend rate from $1.49 to $1.64 per common share, or 41c per share on a quarterly basis. The increased regular quarterly dividend rate will be effective starting with the fourth quarter dividend, which is payable on December 10 to shareowners of record at the close of business on November 20.

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