Allegion Dividend
Dividend criteria checks 2/6
Allegion is a dividend paying company with a current yield of 1.63% that is well covered by earnings. Last payment was on 30th June, 2023 with an ex-dividend date of 14th June, 2023.
Key information
1.6%
Dividend yield
30%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 30 Jun 23 |
Ex dividend date | 14 Jun 23 |
Dividend per share | n/a |
Earnings per share | Mex$5.55 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ALLE N has been paying a dividend for less than 10 years.
Growing Dividend: ALLE N's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Allegion Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ALLE N) | 1.6% |
Market Bottom 25% (MX) | 2.2% |
Market Top 25% (MX) | 6.6% |
Industry Average (Building) | 2.4% |
Analyst forecast in 3 Years (ALLE N) | 1.7% |
Notable Dividend: ALLE N's dividend (1.63%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: ALLE N's dividend (1.63%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.2%), ALLE N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.8%), ALLE N's dividend payments are well covered by cash flows.