Allegion Declares Quarterly Dividend

Rhea-AI Summary

Allegion plc (NYSE: ALLE) announced a quarterly dividend of $0.36 per ordinary share. This dividend will be paid on December 30, 2021, to shareholders on record by December 20, 2021. Allegion, a global leader in security products, reported $2.7 billion in revenue for 2020, showcasing its strong market presence through brands like Schlage and CISA. This dividend declaration reflects the company's commitment to returning value to shareholders while continuing to expand its operations in the security sector.

Positive

• Quarterly dividend of $0.36 per share enhances shareholder income.
• Company reported $2.7 billion in revenue for 2020, demonstrating financial stability.

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 Dec. 30, 2021, to shareholders of record on Dec. 20, 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/20211210005511/en/

Media Contact:

Elizabeth Friedland – Global Corporate Communications

317.918.8009

Elizabeth.Friedland@allegion.com / PR@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 declared by Allegion in December 2021?

Allegion declared a quarterly dividend of $0.36 per share.

When will Allegion's dividend be payable?

The dividend will be payable on December 30, 2021.

When is the record date for Allegion's dividend?

The record date for the dividend is December 20, 2021.

How much revenue did Allegion report for 2020?

Allegion reported $2.7 billion in revenue for 2020.