Allegion Board Increases Quarterly Dividend by 31%
Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today announced that its
board of directors declared a quarterly dividend of $0.21 per ordinary share of the company, an increase of 31 percent.
“This substantial increase in the dividend reflects Allegion’s commitment to driving shareholder value as well as the board’s
confidence in Allegion’s long-term cash flow,” said David D. Petratis, Allegion chairman, president and CEO. “As a company, we
remain focused on investing in our growth through organic investments and accretive acquisitions while also returning capital to
shareholders at or above our rate of annual earnings growth.”
The dividend is payable on March 29, 2018, to shareholders of record on March 15, 2018.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of
1995, including statements regarding the company's financial performance, the company’s growth strategy and the company’s capital
allocation strategy. These forward-looking statements are based on the company's current available information and its current
assumptions, expectations and projections about future events. They are subject to future events, risks and uncertainties - many of
which are beyond the company’s control - as well as potentially inaccurate assumptions, that could cause actual results to differ
materially from those in the forward-looking statements. Further information on these factors and other risks that may affect the
company's business is included in filings it makes with the Securities and Exchange Commission from time to time, including its
Form 10-K for the year ended Dec. 31, 2016, Form 10-Qs for the quarters ended March 31, 2017, June 30, 2017, and Sept. 30, 2017 and
in its other SEC filings. The company assumes no obligations to update these forward-looking statements.
About Allegion™
Allegion (NYSE: ALLE) is a global pioneer in safety and security, with leading brands like CISA®,
Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on
security around the door and adjacent areas, Allegion produces a range of solutions for homes, businesses, schools and other
institutions. Allegion is a $2.2 billion company, with products sold in almost 130 countries.
For more, visit www.allegion.com.
Allegion plc
Media Contact:
Maria Pia Tamburri, 317-810-3399
Director, Public Affairs
Maria.Tamburri@allegion.com
or
Analyst Contact:
Mike Wagnes, 317-810-3494
Vice President, Treasurer and Investor Relations
Michael.Wagnes@allegion.com
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