Honeywell announced plans to raise its dividend starting in the fourth quarter of 2024. The increase in dividend payout reflects the company’s strong financial performance and commitment to rewarding its shareholders. Honeywell’s decision to boost dividends demonstrates its confidence in its future growth prospects and ability to generate sustainable returns for investors. This move is expected to further enhance the company’s attractiveness to potential investors seeking stable and reliable income streams. Honeywell’s decision to increase its dividend is a positive development for shareholders and reflects the company’s ongoing efforts to create long-term value for its investors.