Allegion: An Undervalued Stock Catering To The Basic Need Of Security
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.
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. (
