SmarterDividends

ALLE vs RTX: Which Is the Better Dividend Stock?

As of Oct 18, 2026, RTX (RTX Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. RTX offers the higher yield at 1.51%, RTX has the higher dividend-safety score, and ALLE looks like the better value (its fair-value estimate is 14% below its share price).

Key facts: ALLE vs RTX

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, RTX Corporation (RTX) has the higher forward dividend yield at 1.51%, versus 1.41% for Allegion plc (ALLE).
  • As of Oct 18, 2026, SmarterDividends grades ALLE's dividend safety B (76/100) and RTX's A (97/100).
  • By SmarterDividends' count as of Oct 18, 2026, ALLE has raised its dividend for 11 consecutive years and RTX for 33.
  • As of Oct 18, 2026, ALLE pays out 28% of its earnings as dividends and RTX pays out 49%.
  • As of Oct 18, 2026, ALLE's fair-value estimate is 14% below its share price and RTX's fair-value estimate is 44% below its share price, so ALLE looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "ALLE vs RTX: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/alle-vs-rtx

MetricALLERTX
Forward yield1.41%1.51%
Annual dividend$2.20$2.92
Payout ratio28%49%
Years of growth11 yr33 yr
5-yr dividend growth9.8%7.2%
5-yr total return27%140%
Dividend safety score76 (B)97 (A)
Fair value estimate$134.46$108.41
Upside to fair value-14%-44%
Frequencyquarterlyquarterly
Market cap$13.3B$261.4B
P/E ratio20.534.1

Higher yield

RTX

1.51%

Safer dividend

RTX

Grade A

Faster growth

ALLE

9.8%

Better value

ALLE

-14% upside

ALLE vs RTX — FAQ

Is ALLE or RTX a better dividend stock?

On the data, RTX wins more head-to-head categories (5 vs 3). RTX offers the higher yield (1.51%), while RTX has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, ALLE or RTX?

RTX has the higher forward dividend yield at 1.51%, versus 1.41% for ALLE.

Is ALLE or RTX safer?

RTX has the higher dividend-safety score (97/100 vs 76/100), reflecting stronger payout coverage and dividend-growth history.

Is ALLE or RTX better value right now?

As of Oct 18, 2026, ALLE looks like the better value: its fair-value estimate is 14% below its share price (fairly valued). For RTX, its fair-value estimate is 44% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.