Honeywell Moves Closer to Separating Its Aerospace Business, but Is the Dow Jones Blue Chip Dividend Stock a Buy Before 2025?
Dow(DOW) The Motley Fool·2024-12-20 21:30
Honeywell International (HON 0.01%) surged 3.7% on Dec. 16, likely in response to a press release that stated the company was considering the separation of its aerospace segment. Up until now, a potential breakup of the industrial conglomerate was merely speculation.Below is a look at Honeywell's recent transformation, the pros and cons of a breakup, and an analysis to see if the dividend stock is worth buying now. A push for changeHoneywell hit an all-time high last month on news that activist investor Ell ...