Allegion's most recent quarterly dividend was on Mar 14, 2024 (ex-date) with a cash dividend payment of $0.48 per share. On an annualized basis, the company has a current payout of $1.83 per share. This brings the dividend yield to 1.44% based on its recent close price. The latest dividend has increased by $0.03, or 7% from the previous payment.
Allegion's dividend yield of 1.44% 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 1.41%, Allegion's dividend yield is only 2.1% higher. The current dividend yield is higher than the historical average of 1.3% 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 9% for the last year. But since the stock price has gone up by 23% from a year ago, the dividend yield has decreased by 12%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 14, 2024 | Mar 29, 2024 | Feb 7, 2024 | $0.48 | normal |
| Dec 15, 2023 | Dec 29, 2023 | Dec 7, 2023 | $0.45 | normal |
| Sep 15, 2023 | Sep 29, 2023 | Sep 7, 2023 | $0.45 | normal |
| Jun 14, 2023 | Jun 30, 2023 | Apr 13, 2023 | $0.45 | normal |
| 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 29.8% is above its peers average but below the Industrials sector and the industry average. But compared to its Industrials sector average of 30%, Allegion's payout ratio is only 0.7% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NL Nl Industries Inc | 3.76% | $0.29 | N/A |
| SWK Stanley Black & Decker Inc | 3.57% | $3.23 | N/A |
| CIX Compx International Inc | 3.23% | $1.05 | 57.1% |
| ADT ADT Inc | 2.51% | $0.16 | 31.4% |
| SPB Spectrum Brands Holdings Inc | 2.09% | $1.68 | 3.5% |
| BRC Brady Corp | 1.58% | $0.94 | 24.3% |
| ALLE Allegion plc | 1.44% | $1.83 | 29.8% |
Yes, Allegion has been paying dividends for the last ten years.
ALLE's next dividend is scheduled on Jun 14, 2024 (ex-date).
Allegion's last dividend ex-date was on Mar 14, 2024. The dividend amount was $0.48 per share.
ALLE's annualized dividend per share is $1.83.
The current dividend yield of Allegion is 1.44%.
Allegion pays four dividends per year.
The dividend payout ratio of Allegion is 29.8%.
Allegion's dividend yield is in line with the Industrials sector average.