A Handsome Dividend of Rs 105: Record Date Falling Next Week, Payable By July 8; What Traders Can Do?

Leading the way in integrated software and automation solutions, including building and process solutions, is Honeywell Automation India Limited (HAIL), a subsidiary of Honeywell International, which is a prominent supplier of automation and control systems in India. Its registered office is at Hadapsar, Pune, and the company was formed in India in 1984. In addition to offering a broad range of environmental and combustion controls, sensing, and control products, it also offers technical services in automation and control to clients worldwide.

Honeywell Automation India Dividend

"The Board, at its meeting held on May 13, 2025, has recommended payment of final dividend at Rs 105 /- per equity share, i.e. at the rate of 1,050% of the face value of Rs 10/- each for FY 2024-25. (Previous Year: Rs 100/- per equity share). The dividend, if approved by the Members at the ensuing Annual General Meeting, will result in a total cash pay-out of Rs 928 Million. The Company is in compliance with its Dividend Distribution Policy as approved by the Board. The closing balance of the retained earnings of the Company for FY 2024-25, after all appropriation and adjustments was Rs 38,380 Million," said Honeywell Automation India in a stock exchange filing.

The 41st Annual General Meeting of the corporation is scheduled for Friday, June 27, 2025.

Honeywell Automation India Dividend Record Date

"Pursuant to Regulation 42 of the SEBI Listing Regulations, the Register of Members and Share Transfer Books of the Company will be closed from Tuesday, June 17, 2025 to Friday, June 27, 2025 (both days inclusive). The Record Date for determining the names of members eligible for final dividend on equity shares for the Financial Year 2024-25, if approved by the members at the AGM is Monday, June 16, 2025. The payment of such dividend subject to deduction of tax at source will be made from Tuesday, July 8, 2025," Honeywell Automation India said in its annual report for FY25.

Honeywell Automation India Record Date

"Honeywell is trading in a narrow range after a strong rally. Immediate resistance is at ₹38,500, and support is placed at ₹36,800. A breakout above ₹38,500 can lead to fresh highs toward ₹39,500-₹40,000. The trend is positive but lacks momentum currently. Traders can wait for a breakout or buy on dips with a stop-loss below ₹36,800," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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