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Thu, Jul

Buy Honeywell (HON) for its Innovation-Led Dividend Performance

Buy Honeywell (HON) for its Innovation-Led Dividend Performance

Financial News
Buy Honeywell (HON) for its Innovation-Led Dividend Performance

Honeywell International Inc. (NASDAQ:HON) is included among the 11 Innovative Dividend Stocks to Buy Now.

Buy Honeywell (HON) for its Innovation-Led Dividend Performance
Buy Honeywell (HON) for its Innovation-Led Dividend Performance

A shot of a commercial plane with a blur of color in the background, representing the production of auxiliary power units in the Safety and Productivity Solutions segment.

Honeywell International Inc. (NASDAQ:HON), headquartered in North Carolina, serves clients across various industries. One of its key innovations is the thermostatic expansion valve (TXV), a crucial part used in air conditioning and refrigeration systems. This component regulates the flow of refrigerant to ensure proper temperature and pressure levels, ultimately improving the efficiency of cooling systems.

In the second quarter of 2025, Honeywell International Inc. (NASDAQ:HON) reported revenue of $10.35 billion, which showed an 8.09% growth from the same period last year. Building Automation led the performance, with three of the company’s four segments achieving sales growth of over 5% during the quarter. This reflected the effectiveness of the Accelerator operating system in responding to shifting business conditions and driving growth. The quarter also benefited from the company’s heightened emphasis on new product innovation, which contributed to the continued expansion of its record-high backlog.

Honeywell International Inc. (NASDAQ:HON) is a strong dividend payer, having raised its payouts for 14 years in a row. The company pays a quarterly dividend of $1.13 per share and has a dividend yield of 2.01%, as of July 28.

While we acknowledge the potential of HON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on thebest short-term AI stock.

READ NEXT: 10 Best and Safe Dividend Stocks to Buy Now and 10 Stocks with Highest Dividend to Buy Right Now.

Disclosure: None.

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Original Source At Yahoo Finance

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