11 Best Military Drone Stocks to Buy According to Hedge Funds

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4. Honeywell International Inc. (NASDAQ:HON)

Number of Hedge Fund Holders: 67

Honeywell International Inc. (NASDAQ:HON) is among the 11 Best Military Drone Stocks to Buy According to Hedge Funds. The company recently announced that increase its regular annual cash dividend, effective from the fourth quarter of 2025.

In a press release dated September 26, the firm said its Board of Directors had approved to raise the dividend from $4.52 to $4.76 per share, beginning from the fourth quarter dividend of $1.19, which was declared on the same day, and is payable on December 5 to shareholders of record as of the close of November 14.

Vimal Kapur, Chairman and CEO of Honeywell International Inc. (NASDAQ:HON) was quoted as saying the following:

“Our decision to raise the dividend reflects both our focus on value creation and our confidence in the future. As we prepare to transform into three independent companies, each with the assets, scale and technology to thrive as market leaders, we remain committed to maximizing shareholder value and unlocking new benefits for all stakeholders.”

This marks the 16th instance in 15 successive years that Honeywell International Inc. (NASDAQ:HON) has hiked its annual dividend.

The company helps organizations address their most complex challenges in aviation, automation, and energy transition. It is also an important player in the military drone market.

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