Introduction and Thesis
At the request of one of my readers I am analyzing Honeywell International Inc (HON). For most dividend growth investors, the company is probably under the radar since it has only been raising the dividend for nine consecutive years. But the stock has a respectable yield, the dividend is seemingly safe, and the company is positioned in several growing market segments such as aerospace and defense and performance materials, and margins have been trending up for years. This combination from this industrial powerhouse is desirable from the perspective of a