Welcome to our dedicated page for Allegion Plc news (Ticker: ALLE), a resource for investors and traders seeking the latest updates and insights on Allegion Plc stock.
Allegion Public Limited Company (NYSE: ALLE) regularly issues news and updates that reflect its role in security and access solutions. This news page aggregates Allegion’s press releases and market announcements so readers can review developments related to its products, technology, financial performance and corporate actions.
In its own communications, Allegion describes itself as a global security products and solutions provider with a portfolio that includes residential and commercial locks, door closer and exit devices, steel doors and frames, access control and workforce productivity systems. News items often highlight product launches and enhancements, such as upgrades to the LCN Senior Swing automatic door operators with AdaptivIQ™ self-adjusting technology and Smart Power Boost, or the introduction of Schlage Performance Series™ commercial locks for everyday commercial and multifamily applications.
Allegion’s updates also cover electronic and smart access control. Recent announcements describe wallet-based access solutions delivered through Allegion brands Zentra and Gatewise, enabling residents to use Apple and Google Wallet digital keys for tap-and-go entry at multifamily properties. Other news includes integrations like the Connected Openings solution with Brivo, which connects Schlage XE360 wireless locks to a cloud-based security suite over Wi‑Fi, and software-focused releases such as the Overtur™ OnSite App for door and opening inspections.
Investors and followers of ALLE can also find financial and corporate news here, including quarterly earnings results, conference participation, dividend declarations and credit agreement amendments disclosed via press releases and SEC-related announcements. This page provides a centralized view of Allegion’s ongoing activities, from hardware and software product developments to capital allocation and segment performance, making it a useful reference for tracking how the company communicates its strategy and operations over time.
Allegion plc (NYSE: ALLE) declared a quarterly dividend of $0.41 per share, marking a 14% increase from the previous year. This is the eighth consecutive annual dividend increase, reflecting the company's strong cash flow and commitment to shareholder value. The dividend payment date is March 31, 2022, for shareholders of record on March 16, 2022. Allegion's chairman emphasized a balanced capital allocation strategy, underlining confidence in the long-term vitality of the business and ongoing investment in innovation.
Allegion plc (NYSE: ALLE) will release its 2021 fourth-quarter and full-year financial results on February 15, 2022, before the market opens. A conference call will follow at 8 a.m. ET, led by CEO David D. Petratis and CFO Patrick Shannon, to discuss the results with analysts and investors. The call will be accessible via webcast on the company’s website. Allegion reported $2.7 billion in revenue for 2020, focusing on security solutions for various sectors.
On January 4, 2022, Schlage announced the Encode Plus Smart WiFi Deadbolt at CES 2022, enhancing home security and convenience. This smart lock supports Apple's latest home keys capability, allowing users to unlock it via iPhone and Apple Watch without requiring a password. Key features include remote lock management, customizable access codes, and compatibility with Alexa and Google Assistant. Retailing at $299.99, the deadbolt aims to simplify home access. Allegion, Schlage's parent company, reported $2.7 billion in revenue in 2020, positioning it as a global leader in access solutions.
Allegion plc (NYSE: ALLE) announced a quarterly dividend of $0.36 per ordinary share. This dividend will be paid on December 30, 2021, to shareholders on record by December 20, 2021. Allegion, a global leader in security products, reported $2.7 billion in revenue for 2020, showcasing its strong market presence through brands like Schlage and CISA. This dividend declaration reflects the company's commitment to returning value to shareholders while continuing to expand its operations in the security sector.
Allegion plc (NYSE: ALLE) will present its long-term strategy at the Credit Suisse Global Industrials Conference on Wednesday, Dec. 1. The session, featuring Senior VP and CFO Patrick Shannon, can be accessed via Allegion’s investor website.
Allegion is a global leader in security solutions, generating $2.7 billion in revenue in 2020. The company operates renowned brands like Schlage® and Interflex® to secure assets in various sectors, including homes and businesses.
Allegion plc (NYSE: ALLE) has finalized the refinancing of its senior unsecured credit facility. The new five-year facility includes $250 million in term loans and $500 million in revolving loans, with initial borrowings effective as of November 18, 2021. This refinancing maintains investment grade terms akin to the prior facility. The new loans will mature and terminate on November 18, 2026. The company emphasizes that these changes will provide operational flexibility amidst ongoing global challenges, including the impacts of the COVID-19 pandemic and supply chain disruptions.
Allegion US announced the launch of Schlage NDE and LE mobile-enabled wireless locks featuring an optional Si capability. These locks are compatible with HID smart cards and Seos credentials, enhancing access control in buildings. The new locks allow facility managers to integrate advanced security features deeper into their premises, improving interoperability. Allegion emphasizes a commitment to open architecture and flexibility, catering to customer needs while leveraging existing credential investments.
Summary not available.
Allegion plc (NYSE: ALLE) hosted virtual field trips for over 500 students as part of its initiative during National Manufacturing Month. This annual event aims to bridge the skills gap projected to leave 2.1 million manufacturing jobs unfilled by 2030. The company pivoted to virtual events in 2020 due to the pandemic. The online experiences featured tours, employee interviews, and presentations from industry leaders. Allegion emphasizes its commitment to supporting educators and offering career opportunities, including tuition reimbursement and apprenticeship programs.
Allegion plc (NYSE: ALLE) will present its long-term strategy at the 2021 Baird Global Industrial Conference on Tuesday, Nov. 9. The discussion will be led by Chairman, President, and CEO David D. Petratis, alongside Senior VP and CFO Patrick Shannon. Interested stakeholders can access the live webcast on Allegion's investor website. Allegion is a leader in security solutions, boasting $2.7 billion in revenue for 2020 and offering products globally through renowned brands such as Schlage and LCN.