Allegion plc declares a $0.48 quarterly dividend, annualizing to $1.92 and yielding 1.42%.

Allegion plc (NYSE: ALLE) announced a quarterly dividend of $0.48 per share, payable on September 30 to shareholders recorded by September 20. This annualizes to $1.92, yielding 1.42%. Over the past three years, Allegion has raised its dividend by an average of 12%. With a payout ratio of 24.9% and projected earnings of $7.55 per share, the company is positioned to sustain its dividend payments. Allegion produces security products globally.

September 05, 2024
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