Allegion PLC Dividends
The next dividend date for Allegion PLC has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Allegion PLC (ALLE)
More About Allegion PLC
Allegion plc engages in the provision of security products and solutions worldwide. The company offers door controls, door control system, and exit devices; doors, glass and door systems, and accessories; electronic security products and access control systems, including time, attendance, and workforce productivity; and locks, locksets, portable locks, and key systems. It also provides services and software, such as inspection, maintenance, and repair services for its automatic entrance solutions; software as a service, including access control, platform integration, and workforce management solutions; and ongoing aftermarket services, design and installation offerings, and locksmith offerings. In addition, the company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, retail, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands. It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, online and e-commerce platforms, and small specialty showroom outlets. The company was incorporated in 2013 and is based in Dublin, Ireland.
Owning Allegion PLC Stock on the Dividend Date
If you own Allegion PLC stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Allegion PLC stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Allegion PLC stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Allegion PLC stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Allegion PLC dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Allegion PLC Dividends
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