10 Best S&P 500 Dividend Stocks to Invest In

6. Honeywell International Inc. (NASDAQ:HON)

Number of Hedge Fund Holders: 67

Honeywell International Inc. (NASDAQ:HON) is a diversified conglomerate with operations spanning aerospace, commercial buildings, data centers, energy, and healthcare. The company has a global footprint, with 750 sites spread across about 80 countries.

By the close of 2026, Honeywell International Inc. (NASDAQ:HON) could look very different if its plans move forward. The company has revealed intentions to follow a path similar to General Electric, planning to split into three independent businesses focused on advanced materials, aerospace, and automation.

Honeywell International Inc. (NASDAQ:HON) is a solid dividend company, growing its dividends 15 times over the last 14 consecutive years. According to its 2025 proxy statement, the company has directed $14.6 billion toward mergers and acquisitions, capital projects, share buybacks, and dividend payments, all aimed at enhancing its portfolio and increasing shareholder value. Currently, it offers a quarterly dividend of $1.13 per share and has a dividend yield of 2.16%, as of September 21.