Honeywell International dividend yield calculator – Honeywell Announces $10B Share Buyback and Dividend Retention
April 25, 2023
Trending News ☀️
Honeywell International ($NASDAQ:HON) Inc., a global technology and manufacturing leader, recently announced a $10 billion share repurchase program and the retention of its dividend. This move reflects the company’s confidence in its financial strength and long-term growth prospects. Honeywell International is a diversified technology and manufacturing company that provides aerospace products and services, control technologies for buildings and other industrial applications, speciality chemicals, safety and productivity solutions, and more. It serves customers in a wide range of industries including aerospace, defense and security, construction, medical, oil and gas, transportation, and consumer products. The company has a strong presence in North America, Europe, Asia Pacific and the Middle East. The share repurchase program authorized by the Board of Directors will allow the company to buy back up to $10 billion of its common shares.
In addition, Honeywell has elected to retain its quarterly dividend at current levels. The company believes that both actions are likely to enhance long-term shareholder value. Honeywell is committed to executing on its strategy of delivering long-term value to shareholders. Through returning capital to investors, the company is confident that it can maximize returns while continuing to invest in the future.
Dividends – Honeywell International dividend yield calculator
HONEYWELL INTERNATIONAL has announced a $10 billion share buyback program and will retain its quarterly dividend. In the last three years, the annual dividend per share has been consistent at 3.97 USD. If you are looking for dividend stocks, HONEYWELL INTERNATIONAL might be worth considering.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Honeywell International. More…
| Total Revenues | Net Income | Net Margin |
| 35.47k | 4.97k | 15.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Honeywell International. More…
| Operations | Investing | Financing |
| 5.27k | -93 | -6.33k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Honeywell International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 62.27k | 44.95k | 24.99 |
Key Ratios Snapshot
Some of the financial key ratios for Honeywell International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.1% | -2.1% | 19.2% |
| FCF Margin | ROE | ROA |
| 12.7% | 24.7% | 6.8% |
Price History
On Monday, Honeywell International Inc. announced a $10 billion share buyback plan and dividend retention to create long-term value for its shareholders. The stock opened at $197.2 and closed at $196.8, up by 0.4% from prior closing price of 196.1. This news was well received by investors as the company’s commitment to its investors is evident through such initiatives. The company believes that such actions will create long-term value for shareholders and positively impact their returns.
The share buyback and dividend retention plan will enable the company to retain its value and increase shareholder confidence in the long-term prospects of the company. It is also a sign of strength of the company’s financial position and reinforces investors’ faith that the company will be able to continue delivering positive returns in the future. Live Quote…
Analysis – Honeywell International Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of the financials for HONEYWELL INTERNATIONAL. After careful examination, we have determined that the intrinsic value of HONEYWELL INTERNATIONAL share is around $206.3, which is calculated by our proprietary Valuation Line. Currently, HONEYWELL INTERNATIONAL stock is traded at $196.8, which is a fair price but is still undervalued by 4.6%. We believe this could be a great opportunity for investors to benefit from the potential upside of this stock. More…
Peers
Honeywell International Inc is an American multinational conglomerate company that produces a variety of commercial and consumer products, engineering services and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments. Its competitors include Signet International Holdings Inc, LCTI Low Carbon Technologies International Inc, Noritake Co Ltd.
– Signet International Holdings Inc ($OTCPK:LWCTF)
Noritake Co Ltd is a Japanese company that manufactures and sells tableware and other ceramic products. The company has a market cap of 58.36 billion as of 2022 and a return on equity of 6.39%. Noritake Co Ltd has a long history, dating back to 1904 when it was founded in Nagoya, Japan. The company’s products are sold in over 90 countries and it has over 8,000 employees. Noritake Co Ltd’s products include dinnerware, flatware, glassware, and giftware. The company also manufactures and sells hotel wares, industrial ceramics, and electronic ceramics.
Summary
Honeywell International, Inc. has announced that it will be purchasing back shares of the company worth up to $10 billion and will maintain its dividend. This move is seen as a positive one for Honeywell, as it signals the company’s commitment to enhancing shareholder value. The buyback program is expected to reduce the amount of outstanding shares, which should increase the earnings per share and boost the company’s stock price.
The decision to maintain the dividend is also seen as a positive sign, with dividends representing an attractive income stream for investors. Overall, the move indicates that Honeywell International is well-positioned to deliver long-term value to investors.
