Honeywell Aerospace Declares Inaugural Quarterly Dividend and Raises Guidance
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- Developments
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- Repetition
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New informationRepeats or wire copies
What happened
Honeywell Aerospace's board of directors approved an inaugural quarterly dividend payment of $0.40 per share on October 28, 2026. The company also reported third-quarter sales of $4.6 billion, with organic sales increasing 2% year over year. Furthermore, Honeywell Aerospace raised its full-year 2026 pro forma standalone adjusted earnings per share and second half 2026 free cash flow guidance.
From prnewswire.com
Why it matters
The declaration of a quarterly dividend and the raising of financial guidance reflect strong performance, including 9% orders growth over the last 12 months. The company reported net income of $0.7 billion and adjusted EBIT of $1.2 billion for the quarter, despite incremental costs.
From prnewswire.com
Who's involved
- Honeywell AerospaceCompany that declared the dividend and reported financial results
- board of directorsGroup that formally approved the dividend payment
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The entities involved
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Honeywell Aerospace
company
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board of directors
group of people who jointly supervise the activities of an organization
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