2024-01-15 07:37:00 ET
Honeywell International (NASDAQ: HON) was part of a major shakeup in the Dow Jones Industrial Average . On Aug. 31, 2020, Honeywell, Salesforce , and Amgen joined the Dow, replacing Raytheon Technologies (now RTX ), ExxonMobil , and Pfizer , respectively.
Honeywell stock popped toward the end of 2020. But over the past three years, the stock has been close to dead money, returning just 2.7% even when factoring in dividends. Here's why Honeywell stock deserved to languish, but why it could be a dividend stock worth buying now.
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For further details see:
My Top Underrated Dow Dividend Stock to Buy in January