Allegion Dividends and Buybacks
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
0%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 10.9% |
| Next dividend pay date | 30 Jun 23 |
| Ex dividend date | 14 Jun 23 |
| Dividend per share | n/a |
| Payout ratio | 30% |
Recent dividend and buyback 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) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Building) | 1.6% |
| Analyst forecast (ALLE N) (up to 3 years) | 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.