Allegion Declares Quarterly Dividend

Rhea-AI Summary

Allegion plc (NYSE: ALLE) announced the declaration of a quarterly dividend of $0.45 per ordinary share, aimed at rewarding its shareholders. The dividend is scheduled to be paid on June 30, 2023, to shareholders recorded by June 15, 2023. Allegion, known for its security products and solutions, reported a revenue of $3.3 billion in 2022 and continues to provide innovative solutions globally through its renowned brands such as Schlage® and CISA®. The company's focus remains on enhancing security for homes, businesses, and institutions.

Positive

• Quarterly dividend declared at $0.45 per share, indicating strong commitment to returning value to shareholders.
• Recorded revenue of $3.3 billion in 2022, showcasing robust market position and growth potential.

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 $0.45 per ordinary share of the company.

The dividend is payable on June 30, 2023, to shareholders of record on June 15, 2023.

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 $3.3 billion in revenue in 2022, 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/20230413005701/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 for Allegion plc (ALLE)?

The dividend amount declared by Allegion plc is $0.45 per ordinary share.

When will the Allegion plc (ALLE) dividend be paid?

The dividend will be paid on June 30, 2023.

What is the record date for Allegion plc (ALLE) dividend?

The record date for the dividend is June 15, 2023.

How has Allegion plc (ALLE) performed financially recently?

Allegion reported a revenue of $3.3 billion in 2022, indicating a strong financial performance.