Honeywell Aerospace declares inaugural $0.40 quarterly dividend and raises 2026 guidance
Honeywell Aerospace reported third‑quarter 2026 sales of $4.6 billion, up 2% year over year, and net income of $0.7 billion. The board approved a first quarterly cash dividend of $0.40 per share, to be paid on December 4 2026 to shareholders recorded by the close of business on November 13 2026. The company also lifted its full‑year adjusted earnings‑per‑share and second‑half free‑cash‑flow outlook.
Why it matters
The dividend initiation signals management’s confidence in sustainable free cash flow and may attract income‑focused investors. The higher earnings and cash‑flow guidance could lift the stock’s valuation multiples, as analysts note the company now expects full‑year EPS of $7.85‑$8.00.
Key facts
- 1Q3 2026 sales were $4.6 billion, a 2% increase versus the prior year. stocktitan.net
- 2Net income for the quarter was $0.7 billion. stocktitan.net
- 3Adjusted EBIT for the quarter was $1.2 billion, up 1% year over year. prnewswire.com
- 4The board approved a quarterly cash dividend of $0.40 per share. prnewswire.com
- 5The dividend will be paid on December 4 2026 to shareholders of record at the close of business on November 13 2026. prnewswire.com
- 6Full‑year pro forma standalone adjusted earnings per share guidance was raised (exact range not disclosed in the materials). stocktitan.net
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.