Allegion PLC (NYSE:ALLE) declared a quarterly dividend on Thursday, September 7th, NASDAQ reports. Stockholders of record on Monday, September 18th will be given a dividend of 0.16 per share by the scientific and technical instruments company on Friday, September 29th. This represents a $0.64 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend is Friday, September 15th.

Allegion PLC has a payout ratio of 17.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Allegion PLC to earn $4.12 per share next year, which means the company should continue to be able to cover its $0.64 annual dividend with an expected future payout ratio of 15.5%.

Allegion PLC (NYSE ALLE) opened at 81.81 on Thursday. Allegion PLC has a 1-year low of $61.47 and a 1-year high of $82.90. The firm has a market capitalization of $7.77 billion, a price-to-earnings ratio of 31.65 and a beta of 1.10. The stock’s 50 day moving average is $79.57 and its 200 day moving average is $78.22.

Allegion PLC (NYSE:ALLE) last posted its earnings results on Thursday, July 27th. The scientific and technical instruments company reported $1.11 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.00 by $0.11. The business had revenue of $627.00 million for the quarter, compared to analysts’ expectations of $613.37 million. Allegion PLC had a net margin of 10.76% and a return on equity of 198.25%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.99 EPS. Analysts predict that Allegion PLC will post $3.78 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This report was originally reported by Daily Political and is the property of of Daily Political. If you are viewing this report on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this report can be viewed at

Several equities analysts have issued reports on the stock. BidaskClub upgraded shares of Allegion PLC from a “sell” rating to a “hold” rating in a research note on Thursday, September 7th. Robert W. Baird set a $85.00 target price on shares of Allegion PLC and gave the company a “hold” rating in a research note on Thursday, August 24th. Wolfe Research assumed coverage on shares of Allegion PLC in a research note on Tuesday, July 11th. They set a “market perform” rating on the stock. Finally, Zacks Investment Research upgraded shares of Allegion PLC from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a research note on Friday, June 30th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $86.00.

In other news, insider Timothy P. Eckersley sold 12,782 shares of the company’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $81.14, for a total transaction of $1,037,131.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.64% of the stock is owned by corporate insiders.

Allegion PLC Company Profile

Allegion Public Limited Company is a provider of security products and solutions. The Company offers a portfolio of mechanical and electronic security products across a range of brands. Its segments include Americas; Europe, Middle East, India and Africa (EMEIA), and Asia Pacific. Its products include door closers and controls; door and door frames (steel); electronic security products; electronic and biometric access control systems; exit devices; locks, locksets, portable locks and key systems; time, attendance and workforce productivity systems, and other accessories.

Dividend History for Allegion PLC (NYSE:ALLE)

Receive News & Ratings for Allegion PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allegion PLC and related companies with's FREE daily email newsletter.