Honeywell Aerospace (NASDAQ:HONA) Announces Quarterly Dividend of $0.40

Honeywell Aerospace (NASDAQ:HONA) announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Friday, November 13th will be given a dividend of $0.40 per share on Friday, December 4th. This represents a $1.60 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, November 13th.

Honeywell Aerospace Stock Performance

Shares of HONA opened at $177.03 on Thursday. Honeywell Aerospace has a 52-week low of $149.19 and a 52-week high of $297.50. The firm has a market cap of $56.11 billion and a PE ratio of 94.67. The business’s fifty day simple moving average is $160.44.

Honeywell Aerospace (NASDAQ:HONA) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $2.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.31. The firm had revenue of $4.64 billion during the quarter. On average, sell-side analysts predict that Honeywell Aerospace will post 7.77 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of HONA. Ameliora Wealth Management Ltd. acquired a new position in Honeywell Aerospace in the second quarter valued at approximately $25,000. Latitude Advisors LLC acquired a new position in shares of Honeywell Aerospace during the 3rd quarter worth about $25,000. Leo H. Evart Inc. acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $26,000. Outlook Capital Management LLC acquired a new position in Honeywell Aerospace in the 2nd quarter valued at about $26,000. Finally, Security National Bank of SO Dak bought a new position in Honeywell Aerospace during the 2nd quarter worth $27,000.

Honeywell Aerospace Company Profile

Honeywell Aerospace develops and supplies aerospace technologies for commercial aviation, business and general aviation, defense, and space customers. Its portfolio includes aircraft engines and auxiliary power units, avionics, flight controls, navigation and communication systems, environmental and thermal-management equipment, wheels and brakes, and other propulsion and mechanical systems.

The company also provides aftermarket support, including maintenance, repair and overhaul services, replacement parts, upgrades, technical assistance, and digital solutions designed to improve aircraft performance and operational efficiency.