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Honeywell
HON
today announced that its Board of Directors has approved a 12% increase, or
$0.16 per share, in the company's regular annual cash dividend rate from $1.33
to $1.49 per common share ($0.3725 per share on a quarterly basis). The
increased regular quarterly dividend rate will be effective starting with the
fourth quarter dividend, which was declared today and is payable on December
9, 2011 to shareowners of record at the close of business on November 18,
2011.
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