Allegion: Dividend Insights
Portfolio Pulse from Benzinga Insights
Allegion (NYSE:ALLE) has announced a quarterly dividend of 45 cents per share, payable on September 29, 2023. The stock will go ex-dividend on Friday, meaning it will likely open 45 cents lower. Shareholders who own ALLE as of the end of Thursday's session are eligible to receive the dividend.
September 12, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Allegion's announcement of a 45 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not indicative of the company's overall performance.
When a stock goes ex-dividend, it typically opens lower on the ex-dividend date to reflect the payout. This is a normal part of the dividend process and does not reflect negatively on the company's performance. However, it can lead to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100