Honeywell International Inc.
HONIndustrials · Stock · monthly payer
Forward Yield
4.23%
Annual Dividend
$9.52
Payout Ratio
74%
5-Yr Growth
5.1%
Ex-Date
May 15, 2026
Frequency
Monthly
Summary
As of July 2026, Honeywell International Inc. (HON) yields 4.23% ($9.52 per share annually), with a blended fair-value estimate of $344.03 — +53% upside, so it screens as undervalued. Dividend safety grade: A (83/100). 15 years of dividend growth.
Is HON a good dividend stock?
YesHoneywell International Inc. (HON) pays a monthly dividend yielding 4.23% ($9.52/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 15 consecutive years of dividend growth
- Strong 5.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 1994
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.23%
- Payout Ratio
- 74%
- Annual Dividend
- $9.52
- 5-Yr Avg Growth
- 5.1%
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 15
- Frequency
- monthly
- Beta
- 0.93
- Market Cap
- $71.7B
- P/E Ratio
- 18.0
- 5-Yr Total Return
- -2%
- 52-Week Range
- $195.87 – $260.28
- Dividend Safety
- A · 83/100
- Ever Cut?
- Yes (1994)
Frequently Asked Questions
HON Price — Last 12 Months
Daily close
Price Return
1 Year
+4%
3 Years
+21%
5 Years
-2%
52-Week Range
$195.87 – $260.28
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HON worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Honeywell International Inc. is $344.03 per share, versus a market price of $225.02. That implies 53% of upside — a margin of safety of about 35%.
Fair Value
$344.03
Current Price
$225.02
Upside
+53%
Margin of Safety
35%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 6.7% annual free-cash-flow growth. We model 16.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.9% discount rate (CAPM), 16.2% stage-1 growth, 2.5% terminal growth, $12.51 EPS, $9.52 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HON Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $2.3800 | regular |
| May 15, 2026 | — | $1.2480 | regular |
| May 15, 2026 | — | $1.1900 | regular |
| Feb 27, 2026 | — | $2.3800 | regular |
| Feb 27, 2026 | — | $1.2480 | regular |
| Feb 27, 2026 | — | $1.1900 | regular |
| Nov 14, 2025 | — | $2.3800 | regular |
| Nov 14, 2025 | — | $1.2480 | regular |
| Nov 14, 2025 | — | $1.1900 | regular |
| Aug 15, 2025 | — | $2.2600 | regular |
| Aug 15, 2025 | — | $1.1170 | regular |
| Aug 15, 2025 | — | $1.0650 | regular |
| May 16, 2025 | — | $2.2600 | regular |
| May 16, 2025 | — | $1.1170 | regular |
Income Calculator
At $9.52 / yr per share
