Allegion: Dividend Insights
Portfolio Pulse from Benzinga Insights
Allegion (NYSE:ALLE) has announced a quarterly dividend of 45 cents per share, with the ex-dividend date set for Friday. Shareholders owning ALLE stock by the end of Thursday are eligible for the dividend, which will be paid on December 29, 2023. The stock is expected to open 45 cents lower on the ex-dividend date.
December 12, 2023 | 2:45 pm
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Allegion has declared a quarterly dividend of 45 cents per share, with the ex-dividend date being the upcoming Friday. The stock price is expected to adjust lower by the dividend amount on the ex-dividend date.
The stock price is likely to drop by the amount of the dividend on the ex-dividend date as the dividend payout is factored into the stock price. This is a common occurrence and is typically priced in by the market.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100