Allegion Declares Quarterly Dividend

Rhea-AI Summary

Allegion plc (NYSE: ALLE) has announced a quarterly dividend of $0.36 per ordinary share, payable on September 30, 2021, to shareholders recorded on September 16, 2021. This decision underscores Allegion's commitment to returning value to its investors. In 2020, the company reported revenues of $2.7 billion, showcasing its robust position in the global security products market. Allegion aims to secure people and assets through an extensive range of solutions, reaffirming its status as a leader in seamless access technology.

Positive

• Quarterly dividend of $0.36 per share announced.
• Dividend payment reflects confidence in financial stability.
• 2020 revenue reported at $2.7 billion, indicating strong market presence.

Negative

• None.

DUBLIN--(BUSINESS WIRE)-- Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.36 per ordinary share of the company.

The dividend is payable on Sept. 30, 2021, to shareholders of record on Sept. 16, 2021.

About Allegion

Allegion (NYSE: ALLE) is a global pioneer in seamless access, with leading brands like CISA^®, Interflex^®, LCN^®, Schlage^®, SimonsVoss^® and Von Duprin^®. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesses, schools and institutions. Allegion had $2.7 billion in revenue in 2020, and its security products are sold around the world.

For more, visit www.allegion.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210901005948/en/

Media Contact:

Whitney Moorman – Reputation Management Leader

317-810-3241

Whitney.Moorman@allegion.com

Analyst Contact:

Tom Martineau – Vice President, Investor Relations, and Treasurer

317-810-3759

Tom.Martineau@allegion.com

Source: Allegion plc

FAQ

What is the dividend amount announced by Allegion for September 2021?

Allegion announced a quarterly dividend of $0.36 per ordinary share.

When is the Allegion dividend payable?

The Allegion dividend is payable on September 30, 2021.

What date must you be a shareholder to receive Allegion's September 2021 dividend?

Shareholders must be on record by September 16, 2021, to receive the dividend.

What was Allegion's revenue for 2020?

Allegion reported revenue of $2.7 billion in 2020.