5 Best Industrial Dividend Stocks To Buy Now

4. Honeywell International Inc. (NASDAQ:HON)

Number of Hedge Fund Holders: 60

Honeywell International Inc. (NASDAQ:HON) is a multinational conglomerate that operates across a wide range of industries, offering an extensive array of products and services. The company pays a quarterly dividend of $1.08 per share, having raised it by 5% in September this year. Through this increase, it took its dividend growth streak to 13 years, which makes HON one of the best dividend stocks on our list.

As of the end of Q3 2023, 60 hedge funds tracked by Insider Monkey owned stakes in Honeywell International Inc. (NASDAQ:HON), compared with 61 in the preceding quarter. The collective value of these stakes is over $2.27 billion.

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