In a small mixing bowl, combine butter, honey, garlic powder, smoked paprika, salt, and pepper. Mix until smooth and set aside.
Heat olive oil in a skillet over medium heat. Add chicken breasts and cook for 5-6 minutes per side, until golden and cooked through (internal temp should be 165°F). Remove chicken from skillet and set aside.
In the same skillet, add chicken broth to deglaze the pan. Stir in the butter mixture and cook until smooth.
Return chicken to the skillet and coat with the sauce. Simmer for 2-3 minutes to absorb the flavors.
Garnish with parsley and serve.
Notes
Serve with mashed potatoes or rice to soak up the delicious sauce.