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Allegion: An Undervalued Stock Catering To The Basic Need...
2026-04-27 · via All Articles on Seeking Alpha

Summary

  • Allegion is an American (but Irish-domiciled) provider of security products for homes and businesses globally.
  • ALLE's 10-year dividend growth rate is 17.7%, which is very strong, but more recent dividend raises have been in a high-single-digit range (around 8% or so).
  • Allegion has a good financial position. Its long-term debt/equity ratio is 1, while the interest coverage ratio is nearly 9.
Allegion Schlage location. Allegion is a home and business security company.

jetcityimage/iStock Editorial via Getty Images

Allegion plc (ALLE) is an American (but Irish-domiciled) provider of security products for homes and businesses globally. Founded in 1908, but spun out into an independent company from Ingersoll Rand Inc. (

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