Honeywell ($HON) announced its next dividend of $1.08 per share, a 4.85% increase over the company's previous payout of $1.03.
DivGro's annual dividend income will increase by $20.00 as a result.
I own 100 shares of HON at an average cost basis of $203.85 per share. Following this increase, my yield on cost is 2.12%. In comparison, HON's forward yield is 2.34% at $184.74 per share.
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