Allegion PLC (NYSE:ALLE – Get Free Report) declared a quarterly dividend on Wednesday, April 15th. Investors of record on Monday, June 15th will be given a dividend of 0.55 per share by the scientific and technical instruments company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, June 15th.
Allegion has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 11 consecutive years. Allegion has a dividend payout ratio of 26.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Allegion to earn $7.97 per share next year, which means the company should continue to be able to cover its $2.20 annual dividend with an expected future payout ratio of 27.6%.
Allegion Trading Down 3.6%
Allegion stock opened at $141.75 on Thursday. The company has a 50 day moving average price of $154.08 and a 200 day moving average price of $161.94. Allegion has a 52 week low of $122.14 and a 52 week high of $183.11. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.16 and a current ratio of 1.84. The firm has a market capitalization of $12.21 billion, a price-to-earnings ratio of 19.05, a P/E/G ratio of 3.18 and a beta of 1.02.
Allegion News Summary
Here are the key news stories impacting Allegion this week:
- Positive Sentiment: Zacks Research nudged up multiple near‑ and longer‑term EPS forecasts for Allegion — small increases to Q1, Q3 and Q4 2027 estimates and raises to FY2027 (to $9.02) and FY2028 (to $9.98). These upgrades signal modestly improved analyst expectations for revenue/profit trends and likely supported buying.
- Positive Sentiment: Evercore upgraded Allegion, providing an independent analyst catalyst that can lift sentiment and attract flows from institutional investors. Allegion (NYSE:ALLE) Upgraded at Evercore
- Positive Sentiment: Board declared a $0.55 quarterly dividend (payable June 30; record June 15) — a modest yield (~1.6%) that boosts income appeal and signals confidence in cash flow. Allegion Declares Quarterly Dividend
- Neutral Sentiment: Allegion scheduled its Q1 2026 results release and investor webcast for April 28 (before market open). Upcoming results are the next material event that could confirm or reverse today’s move. Allegion Schedules Webcast to Announce 2026 First-Quarter Results
- Neutral Sentiment: Company will showcase mission‑critical data‑center security solutions at Data Center World 2026 — a business development/market awareness event that could support future commercial wins but has limited immediate earnings impact. Allegion to Showcase Mission-Critical Data Center Solutions at Data Center World 2026
Allegion Company Profile
Allegion plc (NYSE: ALLE) is a global provider of security products and solutions focused on ensuring the safety and security of people and property. The company was formed in December 2013 through a corporate spin-off from Ingersoll Rand and is headquartered in Dublin, Ireland. Allegion’s core mission is to deliver innovative mechanical and electronic access control systems for a wide range of end markets, including commercial buildings, residential properties, institutional facilities, and industrial sites.
The company’s product portfolio spans mechanical locksets, door closers, exit devices, key systems and cylinders, as well as a growing suite of electronic and smart access control offerings.
Further Reading
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