Honeywell International (HON) Dividend
Honeywell International Inc. · Industrials · Conglomerates · quarterly payer
As of Nov 5, 2026, Honeywell International (HON) pays a quarterly dividend of $0.70 per share, or $2.80 a year, a 1.23% yield at its $220.53 share price. The next ex-dividend date is Nov 13, 2026, paid Dec 4, 2026. It has raised its dividend 15 years in a row and has a dividend safety grade of A.
Forward Yield
1.23%
Annual Dividend
$2.80
Payout Ratio
39%
5-Yr Growth
5.1%
Ex-Date
Nov 13, 2026
Frequency
Quarterly
Key facts about HON's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Honeywell International Inc. (HON) has a forward dividend yield of 1.23%, based on an annual dividend of $2.80 per share and a share price of $220.53.
- As of Nov 5, 2026, HON's dividend safety grade from SmarterDividends is A (96 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Honeywell International Inc. (HON) has raised its dividend for 15 consecutive years as of Nov 5, 2026.
- HON last cut its regular dividend in 1994.
- HON's next ex-dividend date is Nov 13, 2026, with payment on Dec 4, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 5, 2026, HON pays out 39% of its trailing 12-month earnings as dividends (its payout ratio).
- HON's dividend has grown at an average rate of 5.1% a year over the past five years.
- As of Nov 5, 2026, HON's 1.23% yield is 40% below its five-year average yield of 2.03%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for HON is $339.54 per share, 54% above the $220.53 share price, so HON screens as undervalued.
- Honeywell International Inc. (HON) pays its dividend quarterly, 4 times a year.
- Honeywell International Inc. (HON) has raised its regular dividend 36 times and cut it 2 times across the 226 payments on record since 1970. Its most recent change was a 43.9% cut to $0.700 per share, going ex-dividend on Aug 14, 2026.
- Honeywell International (HON) has declared its first higher dividend of the year in September in 4 of the last 5 years; its most recent raise, 11.7%, was declared on Sep 26, 2025.
Cite this page
SmarterDividends, "HON Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/HON
Is HON a good dividend stock?
YesHoneywell International Inc. (HON) pays a quarterly dividend yielding 1.23% ($2.80/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 15 consecutive years of dividend growth
- Comfortable payout ratio (39%)
- Strong 5.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 1994
Key Data
- Dividend Yield
- 1.23%
- Payout Ratio
- 39%
- Annual Dividend
- $2.80
- 5-Yr Avg Growth
- 5.1%
- Ex-Dividend Date
- Nov 13, 2026
- Years of Growth
- 15
- Frequency
- quarterly
- Beta
- 0.88
- Market Cap
- $69.9B
- P/E Ratio
- 10.9
- 5-Yr Total Return
- 9%
- 52-Week Range
- $195.87 – $260.28
- Dividend Safety
- A · 96/100
- Ever Cut?
- Yes (1994)
HON dividend raises and cuts
Honeywell International Inc. (HON) has raised its regular dividend 36 times and cut it 2 times across the 226 payments on record since 1970. Its most recent change was a 43.9% cut to $0.700 per share, going ex-dividend on Aug 14, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 14, 2026 | Cut | $1.25 → $0.700 | −43.9% |
| Nov 14, 2025 | Raise | $1.12 → $1.25 | +11.7% |
| Nov 15, 2024 | Raise | $1.07 → $1.12 | +4.6% |
| Nov 9, 2023 | Raise | $1.02 → $1.07 | +4.9% |
| Nov 9, 2022 | Raise | $0.969 → $1.02 | +5.1% |
| Nov 10, 2021 | Raise | $0.919 → $0.969 | +5.4% |
| Nov 12, 2020 | Raise | $0.890 → $0.919 | +3.3% |
| Nov 14, 2019 | Raise | $0.811 → $0.890 | +9.8% |
| Nov 15, 2018 | Raise | $0.706 → $0.811 | +14.8% |
| Nov 16, 2017 | Raise | $0.630 → $0.706 | +12.0% |
| Nov 16, 2016 | Raise | $0.561 → $0.630 | +12.4% |
| Nov 17, 2015 | Raise | $0.488 → $0.561 | +14.9% |
Show all 38 changes since 1973
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 18, 2014 | Raise | $0.424 → $0.488 | +15.1% |
| Nov 19, 2013 | Raise | $0.386 → $0.424 | +9.8% |
| Nov 16, 2012 | Raise | $0.352 → $0.386 | +9.9% |
| Nov 16, 2011 | Raise | $0.314 → $0.352 | +12.0% |
| Feb 16, 2011 | Raise | $0.286 → $0.314 | +9.9% |
| Feb 18, 2009 | Raise | $0.259 → $0.286 | +10.2% |
| Feb 25, 2008 | Raise | $0.236 → $0.259 | +10.0% |
| Feb 23, 2007 | Raise | $0.214 → $0.236 | +10.1% |
| Feb 23, 2006 | Raise | $0.194 → $0.214 | +10.2% |
| Feb 16, 2005 | Raise | $0.177 → $0.194 | +9.6% |
| Feb 16, 2000 | Raise | $0.160 → $0.177 | +10.6% |
| Feb 17, 1999 | Raise | $0.141 → $0.160 | +13.3% |
| Feb 18, 1998 | Raise | $0.123 → $0.141 | +15.4% |
| Feb 19, 1997 | Raise | $0.106 → $0.123 | +15.6% |
| Feb 15, 1996 | Raise | $0.0919 → $0.106 | +15.4% |
| Feb 14, 1995 | Raise | $0.0792 → $0.0919 | +16.1% |
| May 16, 1994 | Raise | $0.0683 → $0.0792 | +15.9% |
| Feb 12, 1993 | Raise | $0.0589 → $0.0683 | +16.0% |
| Nov 8, 1991 | Cut | $0.106 → $0.0589 | −44.4% |
| Aug 6, 1984 | Raise | $0.0942 → $0.106 | +12.5% |
| May 4, 1981 | Raise | $0.0864 → $0.0942 | +9.1% |
| May 5, 1980 | Raise | $0.0785 → $0.0864 | +10.0% |
| Nov 3, 1977 | Raise | $0.0707 → $0.0785 | +11.1% |
| Nov 4, 1974 | Raise | $0.0589 → $0.0707 | +20.0% |
| May 6, 1974 | Raise | $0.0518 → $0.0589 | +13.6% |
| Apr 30, 1973 | Raise | $0.0471 → $0.0518 | +10.0% |
Frequently Asked Questions
Is HON a good dividend stock?
Yes. Honeywell International Inc. (HON) pays a quarterly dividend yielding 1.23% ($2.80/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is HON undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HON's fair value is about $339.54 versus a $220.53 share price — so it looks undervalued (+54% vs. fair value).
Is HON's dividend safe?
HON has a dividend-safety grade of A (96/100), based on its payout coverage, free-cash-flow, 15-year growth streak, a dividend cut in 1994, debt and yield-versus-history.
What is HON's fair value?
Our blended fair-value estimate for HON is about $339.54 per share, roughly 54% above the current $220.53 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is HON a buy, hold, or sell?
We don't issue formal ratings, but on the data HON screens as "yes" and undervalued. Honeywell International Inc. (HON) pays a quarterly dividend yielding 1.23% ($2.80/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will HON cut its dividend?
HON earns a dividend-safety grade of A (96/100), and has cut its dividend before (last in 1994). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does HON pay a dividend?
Yes. Honeywell International Inc. pays a quarterly dividend of about $2.80 per share annually, a forward yield of roughly 1.23%.
How much dividend does 100 shares of HON pay?
At $2.80 per share a year, 100 shares of HON pay $280.00 a year in dividends before tax, about $70.00 each quarter. Buying them costs about $22,053 at the Nov 5, 2026 price.
What is HON's dividend yield?
As of Nov 5, 2026, HON's forward dividend yield is 1.23%, based on a $2.80 annual dividend and a $220.53 share price.
What is HON's dividend per share?
As of Nov 5, 2026, HON pays $2.80 per share per year, distributed on a quarterly basis.
What is HON's dividend payout ratio?
As of Nov 5, 2026, HON's payout ratio is 39% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has HON grown its dividend?
As of Nov 5, 2026, HON has increased its dividend for 15 consecutive years.
When is the next HON ex-dividend date?
As of Nov 5, 2026, the next ex-dividend date on record for HON is Nov 13, 2026.
HON Price — Last 12 Months
Daily close
Price Return
1 Year
+8%
3 Years
+13%
5 Years
+9%
52-Week Range
$195.87 – $260.28
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HON worth?
Undervaluedlow confidenceOur blended fair-value estimate for Honeywell International Inc. is $339.54 per share, versus a market price of $220.53. That implies 54% of upside — a margin of safety of about 35%.
Fair Value
$339.54
Current Price
$220.53
Upside
+54%
Margin of Safety
35%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 1.8% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.7% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $20.17 EPS, $2.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HON Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full HON dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | Sep 4, 2026 | $0.7000 | regular |
| May 15, 2026 | Jun 5, 2026 | $1.2480 | regular |
| Feb 27, 2026 | Mar 13, 2026 | $1.2480 | regular |
| Nov 14, 2025 | Dec 5, 2025 | $1.2480 | regular |
| Aug 15, 2025 | Sep 5, 2025 | $1.1170 | regular |
| May 16, 2025 | Jun 6, 2025 | $1.1170 | regular |
| Feb 28, 2025 | Mar 14, 2025 | $1.1170 | regular |
| Nov 15, 2024 | Dec 6, 2024 | $1.1170 | regular |
| Aug 16, 2024 | Sep 6, 2024 | $1.0675 | regular |
| May 16, 2024 | Jun 7, 2024 | $1.0675 | regular |
| Feb 29, 2024 | Mar 15, 2024 | $1.0675 | regular |
| Nov 9, 2023 | Dec 1, 2023 | $1.0675 | regular |
| Aug 10, 2023 | Sep 1, 2023 | $1.0181 | regular |
| May 11, 2023 | Jun 2, 2023 | $1.0181 | regular |
Income Calculator
At $2.80 / yr per share
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