Allegion's most recent quarterly dividend was on Mar 14, 2023 (ex-date) with a cash dividend payment of $0.45 per share. On an annualized basis, the company has a current payout of $1.68 per share. This brings the dividend yield to 1.6% based on its recent close price. The latest dividend has increased by $0.04, or 10% from the previous payment.
Allegion's dividend yield of 1.6% is higher than the Industrials sector average but lower than the industry and its peers average. But in comparison with the Industrials sector average of 1.55%, Allegion's dividend yield is only 3.2% higher. The current dividend yield is higher than the historical average of 1.2% of the last 5 years.
Allegion has been paying dividends since 2014. ALLE has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 13% for the last year. And since the stock price has gone down by 6% from a year ago, the dividend yield has increased by 20%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 14, 2023 | Mar 31, 2023 | Feb 9, 2023 | $0.45 | normal |
| Dec 15, 2022 | Dec 30, 2022 | Dec 1, 2022 | $0.41 | normal |
| Sep 15, 2022 | Sep 30, 2022 | Sep 1, 2022 | $0.41 | normal |
| Jun 15, 2022 | Jun 30, 2022 | Apr 7, 2022 | $0.41 | normal |
| Mar 15, 2022 | Mar 31, 2022 | Feb 4, 2022 | $0.41 | normal |
| Dec 17, 2021 | Dec 30, 2021 | Dec 10, 2021 | $0.36 | normal |
| Sep 15, 2021 | Sep 30, 2021 | Sep 1, 2021 | $0.36 | normal |
| Jun 15, 2021 | Jun 30, 2021 | Apr 8, 2021 | $0.36 | normal |
| Mar 16, 2021 | Mar 31, 2021 | Feb 5, 2021 | $0.36 | normal |
| Dec 15, 2020 | Dec 30, 2020 | Dec 2, 2020 | $0.32 | normal |
| Sep 15, 2020 | Sep 30, 2020 | Sep 1, 2020 | $0.32 | normal |
| Jun 15, 2020 | Jun 30, 2020 | Apr 8, 2020 | $0.32 | normal |
| Mar 16, 2020 | Mar 31, 2020 | Feb 6, 2020 | $0.32 | normal |
| Dec 16, 2019 | Dec 30, 2019 | Dec 5, 2019 | $0.27 | normal |
| Sep 13, 2019 | Sep 30, 2019 | Sep 5, 2019 | $0.27 | normal |
| Jun 13, 2019 | Jun 28, 2019 | Apr 4, 2019 | $0.27 | normal |
| Mar 14, 2019 | Mar 29, 2019 | Feb 6, 2019 | $0.27 | normal |
| Dec 14, 2018 | Dec 28, 2018 | Dec 6, 2018 | $0.21 | normal |
| Sep 14, 2018 | Sep 28, 2018 | Sep 6, 2018 | $0.21 | normal |
| Jun 14, 2018 | Jun 29, 2018 | Apr 5, 2018 | $0.21 | normal |
| Mar 14, 2018 | Mar 29, 2018 | Feb 8, 2018 | $0.21 | normal |
| Dec 15, 2017 | Dec 29, 2017 | Dec 7, 2017 | $0.16 | normal |
| Sep 15, 2017 | Sep 29, 2017 | Sep 6, 2017 | $0.16 | normal |
| Jun 13, 2017 | Jun 30, 2017 | Apr 5, 2017 | $0.16 | normal |
| Mar 13, 2017 | Mar 31, 2017 | Feb 2, 2017 | $0.16 | normal |
| Dec 13, 2016 | Dec 30, 2016 | Nov 30, 2016 | $0.12 | normal |
| Sep 13, 2016 | Sep 30, 2016 | Aug 31, 2016 | $0.12 | normal |
| Jun 13, 2016 | Jun 30, 2016 | Apr 7, 2016 | $0.12 | normal |
| Mar 14, 2016 | Mar 31, 2016 | Feb 4, 2016 | $0.12 | normal |
| Dec 14, 2015 | Dec 31, 2015 | $0.1 | normal | |
| Sep 14, 2015 | Sep 30, 2015 | Sep 2, 2015 | $0.1 | normal |
Allegion's payout ratio of 30.3% is above the Industrials sector average but below the industry and its peers average. Compared to its Industrials sector average of 27.9%, Allegion's payout ratio is 9% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CIX Compx International Inc | 5.46% | $1 | 56.2% |
| NL Nl Industries Inc | 4.95% | $0.28 | 164.7% |
| SWK Stanley Black & Decker Inc | 4.02% | $3.19 | 65.6% |
| ADT ADT Inc | 2.33% | $0.14 | 350% |
| SPB Spectrum Brands Holdings Inc | 2.27% | $1.68 | N/A |
| BRC Brady Corp | 1.89% | $0.92 | 27.5% |
| FBHS Fortune Brands Home & Security Inc | 1.81% | $1.12 | 19.6% |
| ALLE Allegion plc | 1.55% | $1.68 | 30.3% |
Yes, Allegion has been paying dividends for the last nine years.
ALLE's next dividend is scheduled on Jun 14, 2023 (ex-date).
Allegion's last dividend ex-date was on Mar 14, 2023. The dividend amount was $0.45 per share.
ALLE's annualized dividend per share is $1.68.
The current dividend yield of Allegion is 1.6%.
Allegion pays four dividends per year.
The dividend payout ratio of Allegion is 30.3%.
Allegion's dividend yield is in line with the Industrials sector average.