By Colin Kellaher
Honeywell International Inc. on Friday said its board raised the quarterly dividend by 3.3% to 93 cents from 90 cents.
The new payout, equal to $3.72 a year, represents an annual yield of about 2.34% based on Thursday's closing price of $158.76, up from about 2.27%.
The Morris Plains, N.J., conglomerate said the increased dividend is payable Dec. 4 to shareholders of record Nov. 13.
Write to Colin Kellaher at colin.kellaher@wsj.com