Honeywell’s Dividend Growth Supported by Promising Cash Flow Growth Outlook

Image Source: Honeywell International Inc – Second Quarter of 2021 IR Earnings Presentation By Callum Turcan We view Honeywell International Inc (HON) as one of the best industrial plays out there and include shares of HON as an idea in the Dividend Growth Newsletter portfolio. Honeywell has exposure to the aerospace and downstream energy markets–industries that were hit hard by the coronavirus (‘COVID-19’) pandemic but are now recovering in earnest–and to the proliferation of e-commerce and “smart buildings.”  Furthermore, in the event that a bipartisan infrastructure bill currently awaiting approval in the US House of Representatives gets signed into law, Honeywell has exposure to the expected surge in domestic infrastructure investments. Our fair value estimate for Honeywell sits at $240 … Read more

Dividend Increases/Decreases for the Week of May 10

Below we provide a list of firms that raised their dividends during the week ending May 10. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week                          ADENTRA (HDIUF): now CAD 0.14 per share quarterly dividend, was CAD 0.13. Admiral Group plc (AMIGY): now $0.61 per share semi-annual dividend, was $0.16. AerCap (AER): now $0.25 per share quarterly dividend, was $0.24. Allianz (ALIZY): now $1.053 per share annual dividend, was $0.873. Annaly Capital Management, Inc. PFD SER G (NLY.PR.G): now $0.6287 per share quarterly dividend, was $0.6181. ANTA Sports Products Limited … Read more