“The strength of our business performance year-to-date and our expectations for continued good organic sales growth, EPS expansion, and cash flow generation led to the decision to increase the dividend rate by 12%, compared to the historical 10% increase, and accelerate the effective date to the fourth quarter of this year,” said Honeywell Chairman and CEO Dave Cote. “Our strategies for smart cash deployment, including reinvestment in our businesses, disciplined M&A, dividend growth, and opportunistic share repurchases, will continue to be drivers of shareowner value.”

Honeywell launched its “Digital Dashboard,” a new Website, which is accessible from the homepage of www.Honeywell.com, and iPad “App” that highlights the company’s differentiated technologies, Great Positions in Good Industries, alignment with key macro trends, and strong financial track record.  The online and mobile format improves access and is more useful and contemporary than glossy annual reports, allowing for a greater variety and quantity of content to be presented in a more compelling and updated way.

The new Website and App feature current stock price information, the latest company news, and hundreds of interactive facts, statistics, animations, photos, and videos that will better help the investment community, customers, employees, government officials, and community leaders understand the breadth and depth of Honeywell’s four businesses – Aerospace, Automation and Control Solutions, Transportation Systems, and Specialty Materials – as well as the company’s terrific growth and financial performance.

For more information, read the press release, visit www.honeywell.com, or download the corporate App from the iTunes App Store.

Honeywell announced that its Board of Directors has nominated former U.S. Senator from New Hampshire Judd Gregg, 64, to stand for election as a Director at the company’s 2011 Annual Meeting of Shareowners with all of the incumbent Directors.

“Judd’s leadership in public office over the past 30 years and experience with major economic, fiscal, and foreign policy makes him a terrific fit for our Board,” said Honeywell Chairman and Chief Executive Officer Dave Cote.  “As a former governor, he knows how to lead a complex agenda across a range of constituencies, manage a budget, and hold his team accountable for delivering real results.  He is a great American leader and a champion of economic reform and reducing our national debt and deficit.  The company will benefit from his first-hand knowledge of foreign affairs, commitment to math and science education, and public experience, at both the state and national levels, as we continue to drive productivity and growth at Honeywell.”

Senator Gregg has spent more than three decades in public office, most recently serving as U.S. Senator from New Hampshire from 1993 to 2011.

For more information, read the press release.

Visit Honeywell’s 2008 Annual Report

View Honeywell’s 2008 Proxy Statement