Allegion plc
ALLEIndustrials · Security & Protection Services · Stock · quarterly payer
Forward Yield
1.41%
Annual Dividend
$2.20
Payout Ratio
28%
5-Yr Growth
9.8%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Key facts about ALLE's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Allegion plc (ALLE) has a forward dividend yield of 1.41%, based on an annual dividend of $2.20 per share and a share price of $156.54.
- As of Oct 18, 2026, ALLE's dividend safety grade from SmarterDividends is B (76 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Allegion plc (ALLE) has raised its dividend for 11 consecutive years as of Oct 18, 2026.
- ALLE has never cut its regular dividend in the payment history SmarterDividends has on record.
- ALLE's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.55 per share.
- As of Oct 18, 2026, ALLE pays out 28% of its trailing 12-month earnings as dividends (its payout ratio).
- ALLE's dividend has grown at an average rate of 9.8% a year over the past five years.
- As of Oct 18, 2026, ALLE's 1.41% yield is 10% above its five-year average yield of 1.28%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for ALLE is $134.46 per share, 14% below the $156.54 share price, so ALLE screens as fairly valued.
- Allegion plc (ALLE) pays its dividend quarterly, 4 times a year.
- Allegion plc (ALLE) has raised its regular dividend 12 times and cut it 0 times across the 49 payments on record since 2014. Its most recent change was a 7.8% increase to $0.550 per share, going ex-dividend on Mar 13, 2026.
Cite this page
SmarterDividends, "ALLE Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/ALLE
Summary
As of Oct 18, 2026, Allegion plc (ALLE) yields 1.41% ($2.20 a year per share), has a dividend safety grade of B (76/100) and has 11 consecutive years of dividend increases on record.
Is ALLE a good dividend stock?
YesAllegion plc (ALLE) pays a quarterly dividend yielding 1.41% ($2.20/yr), with 11 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 11 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (28%)
- Strong 9.8% 5-yr dividend growth
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.41%
- Payout Ratio
- 28%
- Annual Dividend
- $2.20
- 5-Yr Avg Growth
- 9.8%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 11
- Frequency
- quarterly
- Beta
- 0.82
- Market Cap
- $13.3B
- P/E Ratio
- 20.5
- 5-Yr Total Return
- 27%
- 52-Week Range
- $125.00 – $183.11
- Dividend Safety
- B · 76/100
- Ever Cut?
- No
ALLE dividend raises and cuts
Allegion plc (ALLE) has raised its regular dividend 12 times and cut it 0 times across the 49 payments on record since 2014. Its most recent change was a 7.8% increase to $0.550 per share, going ex-dividend on Mar 13, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 13, 2026 | Raise | $0.510 → $0.550 | +7.8% |
| Mar 14, 2025 | Raise | $0.480 → $0.510 | +6.3% |
| Mar 14, 2024 | Raise | $0.450 → $0.480 | +6.7% |
| Mar 14, 2023 | Raise | $0.410 → $0.450 | +9.8% |
| Mar 15, 2022 | Raise | $0.360 → $0.410 | +13.9% |
| Mar 16, 2021 | Raise | $0.320 → $0.360 | +12.5% |
| Mar 16, 2020 | Raise | $0.270 → $0.320 | +18.5% |
| Mar 14, 2019 | Raise | $0.210 → $0.270 | +28.6% |
| Mar 14, 2018 | Raise | $0.160 → $0.210 | +31.2% |
| Mar 13, 2017 | Raise | $0.120 → $0.160 | +33.3% |
| Mar 14, 2016 | Raise | $0.100 → $0.120 | +20.0% |
| Mar 13, 2015 | Raise | $0.0800 → $0.100 | +25.0% |
Frequently Asked Questions
Is ALLE a good dividend stock?
Yes. Allegion plc (ALLE) pays a quarterly dividend yielding 1.41% ($2.20/yr), with 11 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is ALLE undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ALLE's fair value is about $134.46 versus a $156.54 share price — so it looks fairly valued (-14% vs. fair value).
Is ALLE's dividend safe?
ALLE has a dividend-safety grade of B (76/100), based on its payout coverage, free-cash-flow, 11-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is ALLE's fair value?
Our blended fair-value estimate for ALLE is about $134.46 per share, about 14% below the current $156.54 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is ALLE a buy, hold, or sell?
We don't issue formal ratings, but on the data ALLE screens as "yes" and fairly valued. Allegion plc (ALLE) pays a quarterly dividend yielding 1.41% ($2.20/yr), with 11 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will ALLE cut its dividend?
ALLE earns a dividend-safety grade of B (76/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does ALLE pay a dividend?
Yes. Allegion plc pays a quarterly dividend of about $2.20 per share annually, a forward yield of roughly 1.41%.
What is ALLE's dividend yield?
As of Oct 18, 2026, ALLE's forward dividend yield is 1.41%, based on a $2.20 annual dividend and a $156.54 share price.
What is ALLE's dividend per share?
As of Oct 18, 2026, ALLE pays $2.20 per share per year, distributed on a quarterly basis.
What is ALLE's dividend payout ratio?
As of Oct 18, 2026, ALLE's payout ratio is 28% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has ALLE grown its dividend?
As of Oct 18, 2026, ALLE has increased its dividend for 11 consecutive years.
When is the next ALLE ex-dividend date?
As of Oct 18, 2026, ALLE's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.55 per share.
ALLE Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
+48%
5 Years
+27%
52-Week Range
$125.00 – $183.11
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ALLE worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Allegion plc is $134.46 per share, versus a market price of $156.54. That implies the stock is roughly fairly priced.
Fair Value
$134.46
Current Price
$156.54
Gap
-14%
Margin of Safety
-16%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 9.3% annual free-cash-flow growth. We model 9.3% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.4% discount rate (CAPM), 9.3% growth for five years fading to 2.5% over the next five, $7.63 EPS, $2.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ALLE Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full ALLE dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | Sep 30, 2026 | $0.5500 | regular |
| Jun 15, 2026 | Jun 30, 2026 | $0.5500 | regular |
| Mar 13, 2026 | Mar 31, 2026 | $0.5500 | regular |
| Jun 13, 2025 | Jun 30, 2025 | $0.5100 | regular |
| Mar 14, 2025 | Mar 31, 2025 | $0.5100 | regular |
| Dec 17, 2024 | Dec 31, 2024 | $0.4800 | regular |
| Sep 20, 2024 | Sep 30, 2024 | $0.4800 | regular |
| Jun 14, 2024 | Jun 28, 2024 | $0.4800 | regular |
| Mar 14, 2024 | Mar 29, 2024 | $0.4800 | regular |
| Dec 15, 2023 | Dec 29, 2023 | $0.4500 | regular |
| Sep 15, 2023 | Sep 29, 2023 | $0.4500 | regular |
| Jun 14, 2023 | Jun 30, 2023 | $0.4500 | regular |
| Mar 14, 2023 | Mar 31, 2023 | $0.4500 | regular |
| Dec 15, 2022 | Dec 30, 2022 | $0.4100 | regular |
Income Calculator
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