Page title
Section title
- Dividend Yield
- 1.36%
- Payout Ratio
- 29.20%
- Dividend Amount Per Share
- $1.86
- Last Ex-Dividend Date
- Sep 20, 2024
ALLE Dividend Safety
ALLE paid out 29.20% of its $540M earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
ALLE's Dividend Payout Ratio of 29.199% is considered safe for the Industrials sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
ALLE's Interest Coverage Ratio of 7.833 indicates strong financial health with easy coverage of interest expenses.
Income Quality
ALLE shows excellent income quality with a ratio of 1.111. This indicates high-quality earnings and low risk of dividend cuts.
ALLE Dividend Growth
Allegion plc(ALLE) offers a dividend yield of 1.36% and pays $1.86 in dividends per share. Explore the historical dividend growth of ALLE.
Dividend Stability
ALLE has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
ALLE's dividend payments have increased by 12.196% annually over the last 5 years.
Earnings Growth
ALLE's earnings have grown by 6.106% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
ALLE Dividend Yield Attractiveness
Allegion plc(ALLE) provides a dividend yield of 1.36%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
1.36%
2.25%
2.44%
2.90%
Dividend Yield
ALLE's dividend yield of 1.36% is considered good compared to the sector average of 2.901%, providing a strong safety margin for investors.
ALLE Cash Flow
Over the past 12 months, ALLE generated $4B in revenue, produced $502M in free cash flow, and distributed $161M in dividends.
Free Cash Flow Growth
ALLE's free cash flow has grown by 4.091% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
ALLE Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Allegion plc. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.